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Near-record industrial supply pipeline in Orlando occurring alongside near decade-low pace of demand

Another 1.6 million square feet coming by end of the year will push vacancy up another 50 basis points

Industrial demand has been slowing in multiple U.S. markets in the last year, even in high-growth Sun Belt markets like Charleston, South Carolina; Savannah, Georgia; and Atlanta. Even in Central Florida, where a brisk pace of in-migration has brought new residents to the area at one of the fastest paces in the nation, cracks in the foundation are emerging.

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