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

Made with FlippingBook - professional solution for displaying marketing and sales documents online