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Lakeland, Florida’s Industrial Construction Pipeline Reaches Decade-Low

Vacancy Has Nearly Doubled Over Past Two Years on Millions of Square Feet of Completions
CoStar Analytics
May 3, 2024 | 1:44 P.M.

The Lakeland, Florida, industrial market has been one of the most active in Central Florida in terms of new construction over the past decade. Roughly 26 million square feet, or 30% of the market’s 87 million square feet of industrial space, has been completed over the past ten years.

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