Central Florida, a broad region that is home to more than 5.4 million residents, is anchored by the sprawling metropolis of Orlando, which boasts a population 2.3 million. Long a magnet for newcomers, Central Florida is one of the fastest-growing regions in the U.S. Population growth spurs demand for e-commerce logistics, industrial real estate and warehouse property throughout the region.
Central Florida’s economy is fueled by robust tourism, health care and construction. In 2015, more than 66 million visitors made their way to Orlando, making it the most popular tourism destination in the U.S. Servicing such a high volume of visitors requires an extensive local logistics network. Between January 2010 and the end of 2015, Orlando’s economy added 187,000 jobs. Orlando International Airport is the eighth busiest in the U.S. by number of passengers.
Central Florida is a significant transportation and logistics hub, with Interstate 4 and the Florida Turnpike crossing paths at its center.