Orlando industrial real estate market report

Orlando’s industrial market ended Q4 2025 with momentum intact, absorbing 630,812 square feet as fundamentals proved more durable than mid-year volatility suggested, even amid rising supply levels. Vacancy has compressed incrementally, supported by positive absorption in three of four quarters in 2025, indicating that incoming supply is being absorbed without creating a material imbalance. Leasing activity has stabilized around a new baseline of roughly 10 million square feet annually, well above pre-2020 norms, pointing to sustained demand for space. On the investment side, pricing has remained strong despite higher capital costs, pushing per square foot sale price above the national average and positioning Orlando as a competitive alternative to Florida’s premium coastal markets heading into 2026.