Tampabay / May 8, 2025
Lakeland/Polk Industrial Market Report | Q1 2025
Highlights:
In Lakeland / Polk County industrial market, after two straight quarters of declining vacancy, warehouse/distribution (W/D) product reversed course in Q1 2025, posting a 70-bp increase to 11.0%.
- 9.5% Vacancy Rate
- 656,866 SF Under Construction
- -15K SF Absorption YTD
- $7.63 PSF Average Asking Rent
Have questions about the report or looking for more information about TBIA’s available listings in the Tampa Bay area? Please reach out to the team!
John Jackson, SIOR, CCIM. | Managing Director
813 424 3202 | John.Jackson@cushwake.com
JT Faircloth, SIOR | Director
813 833 3242 | Jt.Faircloth@cushwake.com
Casey Perry | Senior Associate
813 233 6464 | Casey.G.Perry@cushwake.com
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