The industrial market in Orlando was one of the leading markets in Florida for demand in warehouse/distribution facilities. Positive traction in key fundamentals supported growth in construction and the expansion in delivery direct to consumers fueled by changes from the pandemic benefitted eCommerce firm looking for last mile spaces.
As of now, the industrial market in Orlando and throughout Central Florida is in full expansion mode with limited headwinds in the short term. New construction created almost 14.3 msf of new space since 2015 with even more current and future demand expected.
