Figures
Tampa Industrial Figures - Q1 2025
April 9, 2025 5 Minute Read
Looking for a PDF of this content?
- Negative net absorption of -461,280 square feet this quarter was largely driven by the sublease market, particularly a large, 330,000 square foot space in Plant City
- Headline vacancy crested the 6% threshold this quarter as 775,049 square feet worth of space delivered in Mid-Pinellas and Plant City submarkets
- Pasco County experienced 1.4 million square feet of built-to-suit/owner-user groundbreakings this quarter, including an e-commerce robotics sorting facility and manufacturing plants for both Bauducco Foods and MiTek