Tampabay / February 3, 2025
Tampa Bay Market Report | Q4 2024
Highlights:
The Tampa Bay industrial market remains well-positioned for 2025, supported by resilient demand and strong market fundamentals. Despite broader economic uncertainties, the region’s industrial sector continued to demonstrate stability, upheld by strategic development and tenant interest in new product.
- 5.2 % Vacancy Rate
- 2,638,411 SF Under Construction
- 2.4M Absorption YTD
- $10.38 PSF Average Asking Rent
Have questions about the report or looking for more information about TBIA’s available listings in the Tampa Bay area? Please reach out to the team!
John Jackson, SIOR, CCIM. | Managing Director
813 424 3202 | John.Jackson@cushwake.com
JT Faircloth | Director
813 833 3242 | Jt.Faircloth@cushwake.com
Casey Perry | Senior Associate
813 233 6464 | Casey.G.Perry@cushwake.com
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