The Central Florida industrial market posted approximately 142,596 SF of positive net absorption in Q3 2025, bringing year-to-date absorption to roughly 2.6 million SF. Vacancy rose 24 basis points to 7.92%, driven primarily by increasing sublease availability despite positive absorption in direct space. Average asking rents edged down slightly by $0.11 to $9.82 per SF, reflecting a market that has, for now, leveled off. While overall leasing activity remained relatively steady, deal volume continued…
Q3 2025 North America Market Report
INDUSTRIAL OVERVIEW MARKETS AWAIT TARIFF CLARITY Net absorption of industrial space increased in the third quarter across North America but demand was weak and failed again to keep pace with the supply of new buildings, while tenant growth remained hobbled by tariff concerns and interest rates. In the United States, following 8.1 million SF of negative absorption in the first half, third-quarter tenant growth totaled 31 million SF. That was off 41% from a year…
3rd Quarter 2025 Transactions
10.16.25 For Immediate Release October 16, 2025 (Orlando, FL) –LEE & ASSOCIATES COMPLETES OVER 1.7 MILLION SQ FT OF COMMERCIAL REAL ESTATE TRANSACTIONS VALUED AT $65 MILLION DURING THE 2nd QUARTER OF 2025 ORLANDO, FL – July 21, 2025—The Central Florida office of Lee & Associates, the nation’s largest broker-owned commercial real estate firm, is making consistent progress in 2025 and is pleased to report that it closed over 1.7 million SF of commercial…
Q2 2025 Industrial Market Report
The Central Florida industrial market posted 1.73 million SF of positive net absorption in Q2 2025, bringing vacancy down to 7.69% and pushing average asking rents to a high $9.93 PSF. While these headline numbers signal strength, nearly 70% of net absorption stemmed from a single 1.2 million SF lease, masking weaker activity among smaller tenants. While in some instances demand seems to be waning on smaller spaces, smaller spaces between 10,000 to 50,000…
2nd Quarter 2025 Transactions
7.22.25 For Immediate Release July 22, 2025 (Orlando, FL) –LEE & ASSOCIATES COMPLETES OVER 1.8 MILLION SQ FT OF COMMERCIAL REAL ESTATE TRANSACTIONS VALUED AT $77 MILLION DURING THE 2nd QUARTER OF 2025 The Central Florida office of Lee & Associates, the nation’s largest broker-owned commercial real estate firm, is making consistent progress in 2025 and is pleased to report that it closed over 1.8 million SF of commercial transactions during the 2nd quarter…
Q3 2024 Industrial Market Report
The market experienced the lowest quarterly absorption since Q3 of 2012 with 13,776 SF of negative absorption. What is noteworthy regarding Q3 of 2012 was also right before a presidential election. Thereafter, the market achieved new heights. Whether or not that will be the case here is to be determined, but we do maintain a positive outlook on Q4 with several deals we are tracking expected to get signed in Q4, improving absorption. The…