What They're Saying: JLL

Surge in COVID-19-inspired industrial demand in Tampa Bay is expected to continue as e-commerce becomes more a part of the overall U.S. economy.

  • By Kevin McQuaid
  • | 12:00 p.m. July 29, 2021
COURTESY PHOTO — The April sale of the Dragstrip Logistics Center, in Lakeland, for more than $108 million is a testament to the vitality of the industrial market in the Tampa Bay area.
COURTESY PHOTO — The April sale of the Dragstrip Logistics Center, in Lakeland, for more than $108 million is a testament to the vitality of the industrial market in the Tampa Bay area.
  • Commercial Real Estate
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Commercial real estate brokerage firm JLL says industrial demand — and construction — is likely to continue well into the future in Tampa Bay, as housing growth and e-commerce fuel spikes in both demand and inventory. With population in-migration, the region is one of just three U.S. industrial markets the brokerage has pinned to watch moving forward.

 

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