1 minute read

Greater Ocala MSA 23Q1

Key Takeaways

• Topline Logistics Center completes a 456,540-square-foot speculative industrial building in Ocala, a joint venture of Stonemont Financial Group and U.S. Capital Development. The partnership financed the project’s construction with a $29 million loan from Ameris Bank. (Completed Q2 2023).

Advertisement

• Marion County was listed as the sixth fastest growinig metros by US News & World Report in 2023 report.

• Construction of a 1.4M sq. ft. industrial park facility was underway at the Ocala South Logistic Park

• Industrial demand along the Interstate-75 corridor, coupled with quick access to the major thoroughfares of Interstate-4 and U.S. Highway 27, is expected to support healthy growth in the area.

Market Indicators

2.6%

Historic Comparison

Market Trends

Source: Colliers, CoStar, Real

This article is from: