Figures

Tampa Industrial Figures - Q1 2024

April 9, 2024 5 Minute Read

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  • Strong absorption was recorded through multiple move-in’s within newly delivered product with Pasco County leading the market.
  • The construction pipeline replenished as 541,000 square feet break ground in Q1, 21% of active space has commitments.
  • Despite the delivery of 3.2 million square feet and an uptick in vacancy, average asking rents continued their growth trajectory as they posted a 22% year-over-year rise.