Avison Young released its new interactive Central Florida industrial market reports for second-quarter 2021. The report includes data visualizations for rents, vacancy rates, leasing activity, and more. A new feature introduced this quarter is a dedicated webpage for each market which includes an embedded dashboard, market summary, 6 key takeaways, and a link to download the pdf report.
Below are summaries for each Central Florida industrial market. The section title for each market is hyperlinked to the corresponding interactive website which allows you to see specific data and analytics for the market and its submarkets.
Orlando Industrial Market Report (Q2 2021)
Orlando’s industrial market is strong, fueled by healthy leasing fundamentals, an active speculative development pipeline, and steady expansion within e-commerce and distribution. Absorption through mid-year remains healthy and has already eclipsed the total net absorption recorded in 2019.
Tampa Industrial Market Report (Q2 2021)
Tampa’s industrial market is robust, fueled by fast-expanding e-commerce and distribution networks, healthy leasing fundamentals, strong occupier interest, and an active speculative development pipeline. Net absorption is keeping pace with new deliveries with 3.3 million sf of space absorbed so far during 2021.