Why Orlando Research Report

INDUSTRIAL SNAPSHOT | 2Q 2021

1.9 MSF Under Construction

115.1 MSF TOTAL INVENTORY

WAREHOUSE/ DISTRIBUTION 89.9 MSF

MANUFACTURING 13.0 MSF

OFFICE SERVICE 12.3 MSF

DIRECT ASKING RENT $7.69 PSF/YEAR/NNN

DIRECT VACANCY 5.9%

YTD LEASING ACTIVITY 4.3 MSF

YTD DIRECT NET ABSORPTION (SF) 1 MSF

Direct Vacancy and Rental Rates

Leasing Activity/Absorption/Construction Completions

0 1,000,000 2,000,000 3,000,000 4,000,000 5,000,000 6,000,000 7,000,000 8,000,000

$0.00 $2.00 $4.00 $6.00 $8.00 $10.00

10.0% 12.0% 14.0%

0.0% 2.0% 4.0% 6.0% 8.0%

2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 YTD 2021

2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2Q21

Direct Net Asking Rental Rate

Direct Vacancy Rate

Leasing Activity

Direct Net Absorption

Construction Completions

Why Orlando Report | 2Q21

Cushman & Wakefield | 17