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What to watch in Tampa Bay’s industrial market in 2025

New development, rent growth and strength of the sub-50,000-square-foot market poised to impact fundamentals
Target's 1.4-million-square-foot distribution center in Pasco County (CoStar)
Target's 1.4-million-square-foot distribution center in Pasco County (CoStar)
CoStar Analytics
January 15, 2025 | 5:42 P.M.

The Tampa Bay industrial market enters 2025 in a much better position than most other major industrial markets nationwide. The region is maintaining a leasing volume of roughly 15% to 20% above pre-pandemic norms.

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