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Fort Myers, Florida’s industrial construction pipeline declines to 2019 level

The region’s vacancy rate is above 7% for the first time since 2014
Highland Commerce Center, a 482,000-square-foot warehouse, was completed last year. (CoStar)
Highland Commerce Center, a 482,000-square-foot warehouse, was completed last year. (CoStar)
CoStar Analytics
June 10, 2025 | 2:33 P.M.

The Fort Myers industrial construction pipeline has dropped below one million square feet for the first time since the third quarter of 2021. New construction has had a profound impact on the Fort Myers industrial market over the past five years.

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