Predictable performance keeps Tampa a safe bet for industrial
- Tampa’s industrial market has delivered five years of steady performance, holding overall vacancy between 4.9% and 7.2% even through a record wave of construction from 2021 to 2023.
- General warehouse vacancy compressed to 2.5% in 2022 before easing to 4.9%, while distribution, the market’s most historically elevated subtype, has stayed between 8.6% and 11.6%. Manufacturing hit a record low of 1.1% from 2022 to 2023 and remains tight at 3.4%.
- This ability to absorb significant new inventory without sharp swings in vacancy reinforces Tampa’s standing as a stable, lower-volatility emerging industrial hub where investors and occupiers can plan long term with confidence.
August 13, 2025
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