Market Comparison

Lee County/Southwest Florida industrial market, 2016 vs. 2019


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  • | 6:00 a.m. April 19, 2019
COURTESY PHOTO — Knott Realty Group of Maryland is developing new industrial space at its 27-acre Meridian Distribution Center in Fort Myers.
COURTESY PHOTO — Knott Realty Group of Maryland is developing new industrial space at its 27-acre Meridian Distribution Center in Fort Myers.
  • Commercial Real Estate
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Few submarkets have been as active over the past three years as the Lee County industrial market. In addition to a plethora of new product stemming from an associated residential development, general economic conditions, hikes in employment and changes in the way products are delivered, the county — comprised of Fort Myers, Bonita Springs, Cape Coral, Estero and Lehigh — has experienced a whittling of vacancy rates stemming from positive absorption.

 

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