Leasing activity totaled nearly 896,000 sq. ft. in Q4, an increase of 8.0% from Q3 2018.
23.3% of the total square footage under construction was pre-leased at the close of Q4 2018.
Investment activity dominated industrial sales during Q4 2018, accounting 90.2% of the total sq. ft. which traded during the past quarter.
The Tampa MSA’s unemployment rate of 3.0% is on par with the state’s rate but is significantly lower than the national unemployment rate.