St. Petersburg/Clearwater, FL industrial asking rent

Q1 2026 figures

Overall asking rent (NNN, all property types)

$11.21/sf/yr

Overall vacancy

5.6%

Source / as of: Cushman & Wakefield, United States Industrial Marketbeat, Q1 2026 (preliminary). Overall weighted asking rent, NNN, all property types. JLL national figure: JLL, United States Industrial Market Dynamics, Q1 2026. Average direct asking rate. The two national series are not blended.

Compared with the cited national figures

St. Petersburg/Clearwater, FL ranks 57 of 83 metros in the Marketbeat when ordered by overall asking rent, from lowest to highest. Its asking rent of $11.21 per square foot is $1.01 above the Cushman & Wakefield national figure of $10.20 per square foot. Vacancy is 5.6%, compared with the cited national vacancy of 7.0%.

JLL reports a national average direct asking rate of $10.34 per square foot and national vacancy of 7.5% for Q1 2026. That series is shown alongside the Cushman & Wakefield figures and is not subtracted from or blended with the St. Petersburg/Clearwater, FL rent.

Adjacent asking rents in the same report

• Baltimore, MD: $11.10/sf/yr, vacancy 9.0%
• Seattle, WA: $11.37/sf/yr, vacancy 9.7%