Engage in Tampa

ENGAGE TAMPA BAY 2021 Q4

PAGE 20

Industrial Market Snapshot

INVENTORY (SF)

113.0M 74.2M 24.8M 13.9M 3.9M TOTAL WAREHOUSE/DISTRIBUTION MANUFACTURING OFFICE SERVICES UNDER CONSTRUCTION

3.4MSF YTD DIRECT NET ABSORPTION

$7.53 PSF DIRECT ASKING RENT

5.1% DIRECT VACANCY

8.7MSF YTD LEASING ACTIVITY

DIRECT RENTAL AND VACANCY RATES

LEASING ACTIVITY & DIRECT ABSORPTION