• Net absorption for Q4 2017 was positive 574,230 sq. ft., bringing 2017’s total absorption to 1,788,053 sq. ft.
  • Construction activity continued strong in Q4 2017, with nearly 1.3 million sq. ft. of industrial space under construction.
  • At the close of Q4 2017, vacancy remained flat, posting 5.0% for the third straight quarter.
  • Owner/user sale activity surpassed investment sales in Q4 2017, accounting for 57.6% of the total sq. ft. traded during the quarter.
  • The Tampa MSA was third in terms of the metro areas creating the largest number of new jobs in the state of Florida in 2017.