Figures
Orlando Industrial Figures - Q4 2023
January 5, 2024 5 Minute Read
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- Total industrial vacancy rose to 6.8%, a year over year increase of 370 basis points.
- Approximately 4.6 million sq. ft. between 16 industrial projects are under construction with over 69% of that square footage being built in Southeast Orange and Lake Counties.
- According to RCA the sale of investment-grade properties during 2023 totaled approximately $691.3 million across 5.4 million sq. ft ($127.71 per sq. ft.) compared to $1.5 billion across 13.0 million sq. ft. ($112.86 per sq. ft.) during the same period in 2022.