Industrial Juggernaut

Of all the commercial real estate trends that the COVID-19 pandemic has accelerated, none has picked up more velocity along the Gulf Coast and into Central Florida than industrial development, as retailers and other suppliers shift increasingly to e-commerce sales and distribution from sophisticated, centralized locations.

In the Interstate 4 corridor alone, between Tampa and Orlando, more than 7 million square feet of new industrial and logistics space either is under construction or in serious planning stages.