2019 Market Report for Tampa, FL Industrial Market

Overview:

TAMPA has long been one of Florida’s key industrial markets as it is a prime logistical location. Tampa is located on the western blank of central Florida and a vast majority of the state can be reached on a same day, round trip. There are three major freeways (I-75, I-4, and I-25) that connect through the city as well as Port Tampa Bay, the state’s largest port for both tonnage and acreage. Tampa has been fueled by high population, job growth, and a consistent industrial demand over the past few years. As of August 2018, unemployment has reached a new low at 3.5%. The industrial market in Tampa is anticipated to continue on this positive outlook.

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