Why Orlando - CW 2023 Q2-RFS
Industrial Market Snapshot Q2 2023
Submarket Spotlight 13.2 MSF Manufacturing 12.2 MSF Office Services/Flex 89.1 MSF Warehouse/Distribution
SUPPLY & DEMAND
12.0M
10.0M
8.0M
6.0M
4.0M
2.0M
AIRPORT / LAKE NONA
0.0M
2018
2019
2020
2021
2022
2023 YTD
22.0 MSF Inventory
1.9% Overall Vacancy
$8.63 W/D Rent (NNN/SF)
Leasing Activity
Construction Completions
Overall Absorption
LAKE MARY / SANFORD
8.3 MSF Inventory
3.1% Overall Vacancy
$9.06 W/D Rent (NNN/SF)
OVERALL RENTAL & VACANCY RATES
ORLANDO CENTRAL PARK
$ 12
8 %
$ 10
22.0 MSF Inventory
3.2% Overall Vacancy
$9.20 W/D Rent (NNN/SF)
6 %
$ 8
$ 6
4 %
REGENCY / TURNPIKE
$ 4
2 %
16.9 MSF Inventory
1.7% Overall Vacancy
$8.88 W/D Rent (NNN/SF)
$ 2
$ 0
0 %
2018
2019
2020
2021
2022
2023 YTD
SILVER STAR / APOPKA
Overall Rental Rate
Overall Vacancy
16.7 MSF Inventory
5.4% Overall Vacancy
$9.33 W/D Rent (NNN/SF)
Cushman & Wakefield | Why Orlando
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