Engage in Tampa

PAGE 25

CUSHMAN & WAKEFIELD

Plant City

INVENTORY (SF)

MAJOR USERS Home Depot

The Plant City submarket is located along the eastern edge of the Tampa Bay region adjacent to Polk County. It has traditionally been a food processing and farm-related market, but has seen significant develop- ment in the warehouse/distribution sector along County Line Road. Plant City’s location along the I-4 Corridor makes it a prime market for logistics compa- nies. Easy access to the Tampa and Orlando markets, as well as being within a half day of

South Florida make the submarket an ideal strategic location for logistics companies. The city has invested heavily in infrastruc- ture improvements since 2015 which proved to be a major catalyst for new development activity and in attracting new-to-market tenants. New construction and an abun- dance of available land within city limits made the market incredibly attractive

13.0M 10.2M 2.8M 22k 2.5M TOTAL MANUFACTURING OFFICE SERVICES

Nestle

City Furniture

WAREHOUSE/DISTRIBUTION

C&S Wholesale Grocers

ACE Hardware

James Hardie

Evergreen Packaging

$5.37 PSF DIRECT RENT

11.1% DIRECT VACANCY

851k SF LEASING ACTIVITY

1.5MSF DIRECT ABSORPTION

Gordon Food Services

UNDER CONSTRUCTION

DIRECT RENTAL AND VACANCY RATES

LEASING ACTIVITY & DIRECT ABSORPTION