Tampa Bay Industrial MarketBeat Q1 2026
Tampa Bay's industrial market vacancy rate decreased to 6.8% in Q1 2026, down 20 basis points quarter-over-quarter, with asking rents closing at $10.59 per square foot and reflecting a 2.6% year-over-year increase. Leasing activity totaled 1.2 million square feet in Q1, up 37.4% year-over-year, driven primarily by warehouse/distribution deals, while 1.5 million square feet remained under construction with 81% still available, expected to further elevate vacancy rates in coming quarters.
Published by Cushman & Wakefield. Global Real Estate Intelligence links to the original source and credits the publisher; all rights remain with them.
Provenance
- Publisher
- Cushman & Wakefield
- Obtained from
- Unknown: source not established
- Published
- Mar 31, 2026
- Last updated
- Jun 28, 2026 (1 month ago)
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