Figures

Orlando Industrial Figures - Q4 2024

January 10, 2025 5 Minute Read

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  • Total industrial vacancy rose to 9.3%, a year over year increase of 240 basis points and a 9 year high.
  • Approximately 3.7 million sq. ft. between 26 industrial projects are under construction with 23% of that square footage pre-leased.
  • Average asking rates are seeing gradual increases; up a modest 2.6% year over year to $8.82 per sq. ft.