U.S Industrial Market Report | Q3 2022

Tampabay  /   October 14, 2022

U.S Industrial Market Report | Q3 2022

Check out the full report below presented by Cushman and Wakefield. 

Highlights: 

• • • Industrial Supply
      • – Vacancy Rate |3.2%
        • – New Construction |18.2 msf delivered last quarter – the highest delivering quarter on record
      • – New Product Under Construction | 716.9 mSF – 177% above the `10-year average
    • Industrial Demand 
      •  Overall Absorption | 108.2 msf
    • Market Pricing
      •  Asking Rent, PSF | $8.36 psf triple net – a 19% increase YoY
    • Economic Indicators
      • – U.S Unemployment Rate | 3.6 %
      • – Industrial-Using Employment | 41.3 M

Download the full report here

View Cushman and Wakefield’s Historical Reports 

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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 | Associate 

813 233 6464 | Casey.Perry@cushwake.com

View TBIA’s Available Listings Here: LoopNet | Cushman & Wakefield 

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