Industrial development and investor interest are intensifying in Florida’s Space Coast region. Brevard County is home to Kennedy Space Center and Patrick Space Force Base, and industrial demand in recent years has been driven in part by a fast pace of growth within companies engaged in aerospace and space exploration. Smaller than 33 million square feet in size, the broader Melbourne market ranks in the top 10 industrial markets in Florida for the tightest vacancy rate, which is currently 3.8% as of the first quarter of 2025.
Major industrial development planned next to Space Coast Regional Airport
Hines' project announcement follows the company’s $42.2 million acquisition of Titusville Logistics Center
By Lisa McNatt
CoStar Analytics
March 11, 2025 | 6:18 P.M.
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IN THIS ARTICLE
- Properties
- Titusville Logistics Center
7700 US Highway 1, Titusville, FL