Land constraints and rent growth across Florida's industrial markets

From Q4 2019 to Q4 2025, industrial asking rents across Florida's major markets increased between 51% and 96%, with performance based on location and aligned to land availability and supply.
Severely constrained coastal markets like Miami (+15% supply) and Fort Lauderdale (+9% supply) posted the strongest rent gains at +96% and +78%, as limited developable land restricts new construction and sustains pricing. Jacksonville's abundance of land enabled supply to expand 25%, moderating rent growth to 51% as new construction responded readily to demand.
Orlando and Tampa occupy a middle ground, posting strong rent appreciation (+77% and +63%) despite moderate supply growth (+18% each), where well-located land commands a premium as infill sites grow scarce and tenants prioritize proximity to established distribution and labor hubs.

February 17, 2026

US-FL-MIA Miami