The largest deliveries this quarter include Davie Business Center –Building F (170,000 sq. ft.), Rock Lake Business Center –Building D (136,000 sq. ft.) and Building B (119,200 sq. ft.)
Average asking rates for Class A small bay distribution space quoted at $10.80 (NNN) per sq. ft. for Q4 2020.
Land scarcity and high demand are pushing land prices north. The average price paid for industrial zoned land is now roughly $33.35 per sq.ft.