Figures

Tampa Industrial Figures - Q3 2024

October 10, 2024 5 Minute Read

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  • Overall vacancy increased 50 bps despite positive net absorption of just over 200,000 square feet for the quarter due to the vacant delivery of projects in Plant City and the Airport
  • Almost 1 million square feet of deliveries added to an annual total that could surpass 7 million square feet before the end of the year – a historic high
  • Average asking rent growth has shown some signs of slowing, still up an aggressive 15.9% year over year but just 2.5% since January