This week in Florida saw South and Central Florida dominating the commercial real estate activity, with plenty of action in second-tier markets. News also broke about Lakeland's rise on the nation's industrial scene.
BY THE NUMBERS
The Lakeland market is considered one of the most active industrial markets in the US, and its growth is projected to continue in the years ahead. Since 2014 large e-commerce and distribution centers have entered the Lakeland market to the tune of nearly 5 million square feet with aims to service the large population centers nearby in Tampa and Orlando. This trend should continue, as projected population growth in the region remains strong and companies respond to increasing consumer demand for expedited delivery of goods. (Source: JLL)
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