With increased competition nationwide, more and more out-of-market investors are looking to secondary markets like Orlando for better value and higher returns. While many say Orlando’s commercial real estate market is on fire, it’s industrial that didn’t slow down despite the pandemic
With Orlando’s continued rent growth and job growth, it shows continued growth potential. The one-year average for Orlando industrial sales volume for institutional buyers has doubled from the five-year average rising from 16% to 32%.
Supply is inching up in 2021 with 3.1 million SF underway of which 80% is still shown as available. Orlando’s recent demand patterns have proven more than capable of consuming comparable levels of supply.
For more details on the industrial market:
Correction to video: Orlando is a secondary market not a tertiary market.