Florida Industrial Market Reports
Proprietary research and quarterly Florida industrial market reports — cap rates, absorption, rents, and closed-deal announcements from the Ironmark team.
Ironmark publishes a free quarterly industrial market report for seven Florida metros — Miami-Dade, Fort Lauderdale, Palm Beach County, Orlando, Tampa Bay, Jacksonville and Lakeland / Polk — plus a statewide net-lease brief. In 2Q 2026 (data through 30 June 2026), industrial vacancy ran from 7.3% in Fort Lauderdale to 9.4% in Jacksonville, and average asking rent from $9.48 per SF NNN in Lakeland / Polk to $21.01 in Miami-Dade, according to Ironmark research.
Latest Briefs
- Vacancy, absorption & asking-rent trends
- Submarket-level detail across the metro
- Notable sales, leases & construction projects
- Capital markets & cap-rate migration
- A ground-level read from Ironmark
Florida industrial market at a glance, 2Q 2026
Headline figures from each metro’s current Ironmark brief. Data through 30 June 2026; the full submarket detail is in each report.
| Market | Vacancy | Asking rent (NNN) | Avg sale price | Cap rate |
|---|---|---|---|---|
| Miami-Dade | 7.8% | $21.01/SF +1.3% YoY | $280/SF (modeled) | 5.9% |
| Fort Lauderdale (Broward) | 7.3% | $20.69/SF +0.8% YoY | $260/SF | 6.7% |
| Palm Beach County | 7.6% | $18.37/SF +2.4% YoY | $220/SF (modeled) | 6.5% (modeled) |
| Orlando | 8.9% | $14.65/SF +4.1% YoY | $173/SF | 6.4% |
| Tampa Bay | 8.3% | $12.79/SF +1.4% YoY | $159/SF (comps) | 7.2% |
| Jacksonville | 9.4% | $9.94/SF +0.9% YoY | $119/SF | 7.1% |
| Lakeland / Polk | 7.6% | $9.48/SF +4.1% YoY | $114/SF (modeled) | 7.4% (modeled) |
Source: Ironmark research, quarterly Florida Industrial Briefs, 2Q 2026 (data through 30 June 2026). “Modeled” marks a market-wide estimate rather than an average of closed sales; “comps” marks the average of the brief’s comparable sales. Asking rent is the average asking rent per square foot, triple net. Refreshed each quarter. Absorption, construction and rent growth for every metro are in the full Florida industrial market data table.
Questions about Florida industrial market data
What is the industrial vacancy rate in Florida?
Industrial vacancy across the seven Florida metros Ironmark reports on ranged from 7.3% in Fort Lauderdale to 9.4% in Jacksonville in 2Q 2026 (data through 30 June 2026), according to Ironmark research. Each metro’s report breaks its rate down by submarket and building size, where vacancy varies far more than the headline suggests.
Where is industrial rent highest and lowest in Florida?
Average industrial asking rent was highest in Miami-Dade at $21.01 per SF NNN and lowest in Lakeland / Polk at $9.48 per SF NNN in 2Q 2026, according to Ironmark research. The most expensive market asks about 2.2 times the rent of the least expensive.
What are industrial cap rates in Florida?
Florida industrial cap rates ran from about 5.9% in Miami-Dade to 7.4% (modeled) in Lakeland / Polk in 2Q 2026, according to Ironmark research. Any single deal still turns on tenancy, lease term and building quality.
What does industrial property sell for in Florida?
Average industrial sale prices in 2Q 2026 ranged from $114/SF (modeled) in Lakeland / Polk to $280/SF (modeled) in Miami-Dade, according to Ironmark research. Where a brief marks a figure modeled, it is a market-wide estimate rather than an average of closed sales.
How often does Ironmark publish Florida industrial market reports?
Quarterly. Each brief is named for the calendar quarter its data covers and is published in the first weeks of the following quarter, so the 2Q 2026 briefs cover data through 30 June 2026. Each metro keeps one permanent report address that always holds the latest edition.
Which Florida markets does Ironmark publish industrial reports for?
Ironmark publishes quarterly industrial briefs for Miami-Dade, Fort Lauderdale, Palm Beach County, Orlando, Tampa Bay, Jacksonville and Lakeland / Polk, plus a statewide Florida net-lease brief. Each report covers vacancy, absorption, asking rent, sales and cap rates, construction and submarket detail.
Are Ironmark’s market reports free?
Yes. Every report page is free to read with no form. The full PDF edition of each brief is sent on request.
New to industrial? Our Florida industrial real estate guides explain the terms behind these numbers — what IOS is, how warehouse space is priced, and what drives value.