Tampa Bay industrial availability is shaped heavily by submarket

For tenants and investors targeting large industrial space, Lakeland, East Side, and Plant City contain the bulk of the inventory, with nearly 80% of the market’s buildings over 250,000 square feet located in these three areas.
In contrast, Mid-Pinellas, Airport/Westshore, and South Pinellas are dominated by sub-100,000-square-feet space, serving dense infill demand from last-mile, flex, and service-oriented tenants.
As speculative development slows and tenant needs become more specific, aligning building size with submarket realities will be key to reducing friction and improving execution across leasing, underwriting, and site selection.

May 21, 2025

US-FL-TPA Tampa