ORLANDO RANKED AS SIXTH BEST MARKET FOR INDUSTRIAL PROPERTY INVESTMENT

Orlando is ranked as the sixth-best market for investment property investment, according to the latest Situs RERC Value vs. Price Index.
The Situs RERC Value vs. Price Index measures the relative attractiveness of commercial real estate in 48 metropolitan statistical areas that Situs RERC reports on each quarter. It is designed
to be a forward-looking index to help to determine where investors will receive the best relative value based on current pricing.

As of third-quarter 2015, the 20 best markets for industrial property investment are:

1. Austin
2. San Antonio
3. Dallas
4. Seattle
5. Richmond/Norfolk, Va.
6. Orlando
7. Nashville
8. Charlotte, N.C.
9. Raleigh/Durham, N.C.
10. Salt Lake City
11. Denver
12. Atlanta
13. Las Vegas
14. Portland, Ore.
15. Memphis, Tenn.
16. San Diego
17. Omaha, Neb.
18. Oklahoma City, Okla.
19. Phoenix
20. Miami

Orlando’s newest industrial developments are being quickly leased as updated properties are in high demand and companies seeking to grow are unable to do so in their existing spaces. The projects not only help create more temporary construction and vendor opportunities in the region, the tenants also tend to create jobs as well.

In late October, tradeshow and convention marketing company Freeman Expositions Inc. signed a lease to take 451,823 square feet of space in Bent Oak Industrial Park’s Phase 2, a 1.3 million-square-foot development on Taft Vineland Road and Florida’s Turnpike — the largest industrial built-to-suit in the Orlando area in more than seven years.