Figures
Orlando Industrial Figures - Q3 2024
October 8, 2024 5 Minute Read
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- Total industrial vacancy rose to 8.9%, a year over year increase of 280 basis points.
- Approximately 4.2 million sq. ft. between 25 industrial projects are under construction with 23% of that square footage pre-leased.
- Average asking rates are seeing gradual increases; up a modest 0.1% year over year to $8.70 per sq. ft.