Figures
Orlando Industrial Figures - Q1 2025
April 8, 2025 5 Minute Read
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- Total industrial vacancy rose to 9.4%, a year over year increase of 120 basis points, but a slight drop since last quarter.
- Approximately 3.4 million sq. ft. between 21 industrial projects are under construction with 24% of that square footage pre-leased.
- Average asking rates are seeing gradual increases; up a modest 2.1% year over year to $8.92 per sq. ft.