Tampa Bay Market Report | Q3 2024

Tampabay  /   November 5, 2024

Tampa Bay Market Report | Q3 2024

Highlights: 

In Tampa Bay industrial market, the overall vacancy in Q3 2024 increased 40 bps quarter-over-quarter (QOQ) to 5.5% marking the highest rate since Q1 2021.

  • 5.5 % Vacancy Rate
  • 3,435,249 SF Under Construction
  • 1.0M Absorption YTD
  • $10.33 PSF average asking rent

Download the full report here


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 | Director 

813 833 3242 | Jt.Faircloth@cushwake.com

Casey Perry | Senior Associate 

813 233 6464 | Casey.G.Perry@cushwake.com

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