Tampa’s industrial sector leads among Florida markets for the highest positive absorption in the state

graph of Florida's industrial market growth from Q3 2022 to Q2 2023 with Tampa representing the most total absorption
  • Florida's industrial market has attracted significant interest from tenants due to its strategic location, large consumer base, and access to major transportation networks, including ports, railroads and highways.
  • Over the past 12 months, Florida's industrial sector achieved a strong positive absorption of 23.2 million square feet (msf), with Tampa leading the way by accounting for 7.7 msf and representing 33% of the total absorption during this period.

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