Orlando industrial real estate market report

Demand held firm against an active development pipeline in Q2 2026, as Orlando's industrial sector continued its steady progression. Net absorption turned positive for a fourth consecutive quarter, and vacancy rose just 10 basis points to 8.2%, with new deliveries leasing at a healthy pace. Leasing timelines tightened further, as average months-on-market fell to 5.2 and the differential between Class A and Class C space narrowed to near parity, signaling that occupier demand has broadened across all quality tiers. Capital markets moved in tandem: first-half investment volume reached a three-year high of $501 million, while pricing advanced to a record $159 per square foot. With demand well-distributed across product types and investment activity tracking underlying performance, Orlando enters the second half of 2026 on stable footing.