Even with slight dent, industrial leader continues rolling

Lakeland has added 10 million square feet of industrial space since 2016.

By Business Observer Staff
| 6:00 a.m. October 11, 2019
| 0 Free Articles Remaining!

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By one metric, Lakeland’s industrial space glory days seem to be numbered: Slowing industrial starts, according to a report form real estate analytics firm CoStar, have dropped the trailing 12-month net delivery of total projects to under 1.2 million square feet. That’s the lowest in over three years, the report adds.

Of course, that metric is all relative. In several other ways, good times in Lakeland’s industrial market are rolling.