Pulse360 | TAMPA2020 | Page 37
5. REAL ESTATE MARKET STATISTICS
// TAMPA Q1 2016 INDUSTRIAL STATISTICS
Inventory
(s.f.)
Quarterly total
net absorption
(s.f.)
YTD total net YTD total net
absorption
absorption
(s.f.) (% of stock)
Total
Total Average total
vacancy availability asking rent
(%)
(%)
($ p.s.f.)
Quarterly
completions
(s.f.)
YTD
completions
(s.f.)
Under
construction
(s.f.)
141,355,443
598,167
598,167
0.4%
7.0%
11.5%
53,648,075
7,958
7,958
0.0%
7.3%
9.6%
$4.76
283,023
283,023
4,150,596
$4.60
0
0
0
195,003,518
606,125
606,125
0.3%
6.9%
10.6%
$4.76
283,023
283,023
4,150,596
4,545,381
33,326
33,326
0.7%
3.7%
5.9%
$5.28
0
0
0
Tampa Bay Totals
Warehouse & Distribution
Manufacturing
Totals
North Pinellas
Warehouse & Distribution
Manufacturing
Totals
1,957,398
-1,500
-1,500
-0.1%
2.8%
2.8%
$6.72
0
0
0
6,502,779
31,826
31,826
0.5%
3.5%
5.0%
$5.29
0
0
0
Mid Pinellas
Warehouse & Distribution
6,756,592
48,376
48,376
0.7%
6.5%
11.8%
$4.75
0
0
0
Manufacturing
8,011,291
-42,036
-42,036
-0.5%
6.5%
9.7%
$4.30
0
0
0
14,767,883
6,340
6,340
0.0%
6.5%
10.7%
$4.42
0
0
0
Totals
Gateway
Warehouse & Distribution
9,560,034
17,744
17,744
0.2%
5.7%
8.7%
$6.27
0
0
236,976
Manufacturing
7,927,889
-38,221
-38,221
-0.5%
5.3%
7.9%
$6.36
0
0
0
17,487,923
-20,477
-20,477
-0.1%
5.5%
8.4%
$6.30
0
0
236,976
7,052,479
36,871
36,871
0.5%
3.6%
6.7%
$4.44
0
0
0
Totals
South Pinellas
Warehouse & Distribution
Manufacturing
Totals
3,279,738
34,272
34,272
1.0%
8.4%
12.5%
$5.15
0
0
0
10,332,217
71,143
71,143
0.7%
5.2%
8.6%
$4.63
0
0
0
9,679,810
5,575
5,575
0.1%
4.9%
10.9%
$5.57
10,500
10,500
0
Westshore/Airport
Warehouse & Distribution
Manufacturing
2,752,990
-20,128
-20,128
-0.7%
5.7%
8.4%
$4.65
0
0
0
12,432,800
-14,553
-14,553
-0.1%
5.1%
10.3%
$5.28
10,500
10,500
0
Warehouse & Distribution
48,132,993
481,125
481,125
1.0%
9.3%
13.6%
$4.52
260,000
260,000
248,500
Manufacturing
10,603,632
118,079
118,079
1.1%
4.9%
6.9%
$4.32
0
0
0
58,736,625
599,204
599,204
1.0%
8.5%
12.4%
$4.51
260,000
260,000
248,500
22,225,570
105,967
105,967
0.5%
5.1%
10.3%
$5.31
12,523
12,523
0
Totals
East Side
Totals
Manatee/Sarasota County
Warehouse & Distribution
Manufactu