North Florida
Tallahassee
industrial.
The state capital, on I-10, with a small and unusually stable industrial base.
Asset class and buyer list / Florida
Tallahassee is a government and university market, and its industrial base reflects that. Demand comes from state agencies and their contractors, two universities, regional healthcare, utilities and the construction and service trades that keep all of it running. It is not a freight market and pretending otherwise gets the pricing wrong.
What it does have is stability and I-10. Government employment does not cycle the way logistics does, which makes the tenant base unusually steady, and the interstate makes Tallahassee a workable regional distribution point for the eastern panhandle and south Georgia.
Where the industrial actually is in Tallahassee
- Capital CircleThe ring road, and where most of the modern industrial and flex sits.
- Tallahassee InternationalThe airport, its industrial park and the cargo and service around it.
- US-90 and the eastOlder service industrial running out toward Monticello.
- Innovation Park and the southResearch, laboratory and specialist flex tied to the universities.
- The I-10 interchangesRegional distribution and the larger sites.
- Havana and the northGadsden County, agricultural industrial and genuine land basis.
The infrastructure
What sets value here
Industrial value is access. Everything a buyer pays for in Tallahassee is downstream of these six things.
- I-10The transcontinental route, running east to Jacksonville and west across the panhandle.
- US-27 / US-319The regional spines north into Georgia and south to the Gulf.
- Capital CircleThe ring road, and the corridor most industrial hangs off.
- Tallahassee InternationalCommercial and cargo service with an industrial park attached.
- US-90The old east-west road through the older industrial belt.
- Port of Port St. Joe and the GulfThe coast is inside an hour, which matters for some users.
What we sell in Tallahassee
Six asset classes, and nothing else
- Warehouse. Regional distribution and service product, with government and institutional tenants underneath much of it.
- Small bay and flex. Trades, service and contractor units, steady rather than dramatic.
- Industrial outdoor storage. Contractor, utility and equipment yards, with land available to support them.
- Industrial land. Genuinely available and cheap by Florida standards.
- Truck parking and terminals. I-10 staging, serving the panhandle and south Georgia.
- RV and boat storage. Lake, Gulf and hunting demand, with room to build.
How we work outside the tri-county
Phil is straight about this, because a broker who claims every market is telling you something about himself. Inside Broward, Miami-Dade and Palm Beach he is a local market expert and he walks the sites. Outside the tri-county, what you are hiring is the asset class and the buyer list.
On IOS, truck parking, RV and boat storage and small bay, the buyer pool is national and it does not care which county you are in. That pool, and the way this product is actually priced, is what we bring to Tallahassee.
What he will never do is describe asset-class depth as though it were a closing on your street. See what the firm has actually closed.
Straight answers
Questions owners actually ask
It is small and it is stable, which are different things. Government and university employment does not cycle the way logistics does, so the tenant base here is steadier than in a freight market. What it will not support is big-box distribution pricing, and any valuation that assumes otherwise is wrong before it starts.
Owner-users and regional private capital, mostly. Institutional buyers are largely absent at this market size, which means running a proper local process and reaching the right regional buyers matters more here than almost anywhere else in the state.
We work the asset class and we bring the buyer list. Industrial Storage Brokers has closed in Pensacola and across the length of Florida. Inside Broward, Miami-Dade and Palm Beach Phil is the local market expert; outside the tri-county what you are hiring is the product knowledge and the buyer relationships, and he will say which applies to yours.
Before you list in Tallahassee
Read these before you sign a listing agreement.
How to sell a warehouse in Fort Lauderdale
The seven steps in the order they happen, what sets the price, and the three mistakes that cost owners the most.
What is my industrial property worth?
Why no website can price a warehouse or a truck yard, and what a real broker opinion of value contains.
How to choose an industrial broker
Nine questions to ask before you sign, and what a weak answer sounds like.
Next step
Find out what your property is worth.
A confidential broker opinion of value, at no cost and with no obligation to list. Phil sets the number himself.