Tampa Bay’s industrial real estate market is experiencing a renaissance, fueled by projects like the newly approved Energy Industrial Park and broader economic trends. With global demand for manufacturing and logistics space on the rise, the region is emerging as a top destination for industrial CRE investments. Brokers have a unique opportunity to guide clients through this dynamic landscape.

The Energy Industrial Park, spanning 800 acres in Hillsborough County, is a cornerstone of this growth. Its focus on energy and advanced manufacturing aligns with national trends, as companies reshore operations and seek resilient supply chains. Beyond this flagship project, Tampa Bay’s industrial sector benefits from robust infrastructure—think Port Tampa Bay and Interstate 4—making it a logistics powerhouse. Recent data shows industrial vacancy rates in the region hovering below 5%, a sign of tight supply and strong demand.

For brokers, the strategy is twofold: help tenants secure scarce industrial space and assist investors in acquiring high-yield properties. Logistics firms, e-commerce giants, and tech manufacturers are all eyeing Tampa Bay, driving up lease rates for warehouses and distribution centers. Meanwhile, the region’s job growth fuels demand for supporting commercial spaces, from offices to retail hubs.

To stand out, emphasize Tampa Bay’s connectivity and economic momentum when pitching to clients. Stay informed on zoning changes and new developments to identify emerging hotspots. With industrial CRE in high demand, brokers who move quickly can unlock significant value for their clients—and themselves—in this thriving market.