Industrial real estate sector is experiencing sustained growth

Today's design reflects logistics changes that have been influenced by a move to e-commerce. Experts say those shifts will propel new development for years to come.

  • By Kevin McQuaid
  • | 12:00 p.m. May 27, 2021
  • | 0 Free Articles Remaining!
COURTESY RENDERING — Parkway Property Investments, of Orlando, has begun work on Lakeland Central Park, a 740-acre industrial hub slated to contain roughly five million square feet of space at build out.
COURTESY RENDERING — Parkway Property Investments, of Orlando, has begun work on Lakeland Central Park, a 740-acre industrial hub slated to contain roughly five million square feet of space at build out.
  • Commercial Real Estate
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More than 40 million square feet of new industrial real estate —modern-day warehouses, distribution and fulfillment centers and so-called “last-mile delivery outposts — have been delivered along the Gulf Coast and into Central Florida since 2015, according to data collected by area commercial real estate brokerage firms.

 

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