Office leasing challenges mount in Orlando, Florida
The bulk of available four- and five-star office space is too large for most tenants
The U.S. office sector has recently been characterized by a modest decline in leasing activity, a weak but improving trend in net absorption and a flat pace of year-over-year rent ...
Orlando, Florida, office owners raise bar to attract tenants
Brokers expect highly amenitized properties; Those with most competitive rents will see strongest demand
Orlando’s office market has been resilient since the onset of the pandemic, despite suffering through the weakest year for demand on record in 2024. However, absorption alone does ...
Jacksonville endures two straight years of negative office demand, but the news is not all bad
Another finance firm is moving its headquarters to Jacksonville’s Deerwood Park North
The Jacksonville market has felt its share of pressure from weak office demand in the post-pandemic period, but there are still some positive developments.
Lack of availability holds back Orlando, Florida's retail sector
Spending growth could decline in 2025, reducing future demand for space
National retail tenants and new concepts continue to target the Orlando market but are finding few quality opportunities available following the leasing of more than 10 million squ...
2025 Orlando, Florida, industrial demand forecast expected to underwhelm
Supply-demand gap should narrow but absorption expected to lag 10-year average
Orlando's industrial market is navigating a period of slow demand against a backdrop of the fastest two-year expansion of industrial inventory in its history.
Demand for Orlando office space was weakest on record in 2024
Forecast projects some limited, but very slow, improvement in 2025
Last year was, in many ways, a tough one for the office sector in Orlando. Office space demand set a record in 2024, but not the kind to be celebrated. Office tenants still working...
Orlando industrial demand tumbles to lowest level in a decade
Trailing-year demand has been weakest in Southwest Orange County
The pandemic-driven boost in demand that led to Orlando's most robust three-year rate of industrial absorption on record has ended.
Orlando led the nation’s top 60 markets for GDP growth in 2023
Four key Florida markets were ranked in the top 10 in the US
The results are in, and Orlando was ranked the top market in the nation by the U.S. Bureau of Economic Analysis for the rate of nominal gross domestic product (“GDP”) growth in 202...
Maitland Center leads Orlando market in 2024 office demand
Recent deals indicate improving sentiment toward this formerly dominant office area
During a year of weak overall demand across the broader Orlando market, Maitland Center has emerged as the leading area for office demand in 2024. The turnaround began in the first...
Osceola County, Florida, inventory grows despite development obstacles
Project and pipeline momentum continues despite substantial mobility fee increases taking effect June 2025
Population growth in Central Florida is occurring at one of the fastest paces in the nation. That pace of growth has been felt acutely in Osceola County, where the number of reside...
Orlando multifamily sales volume recedes but investors increasingly willing to wade back into buyer pool
Apartment pricing becomes more reflective of property age and quality
Multifamily investment is taking an extended breather in 2024. With one month left in the year, total annual sales volume is down to its lowest point in the previous decade, and it...
$1.5 billion in planned projects for Osceola County include South Korean tech headquarters
Expanded soccer complex for Orlando’s two pro soccer teams is also planned
Orlando’s economy was once primarily driven by the dominant tourism and hospitality industry, but its growing tech and information sectors are fueling an increasing share of its em...
More companies are relocating to Florida than to any other US state
The Sunshine State surpassed net employer migration for the next four top states combined
More than four years after the onset of the pandemic, Florida continues to outperform most U.S. states in several metrics. Florida remains a top state for population growth, it is ...
Jacksonville, Florida, leads the nation for industrial rent growth heading into 2025
The pace of annual rent growth nearly 10%; more than triple the national average
Jacksonville has often been overshadowed by larger Florida markets including Miami, Orlando and Tampa, but its industrial sector has been punching above its weight for the last few...
Orlando office demand leaders and laggards heading into the final months of 2024
Downtown Orlando struggling in 2024 with slowest pace of office demand in the market
To say that office demand in Orlando has been weak in 2024 would be an understatement. Total net absorption in the last 12 months, or the difference between move-ins and move-outs,...
Near-record industrial supply pipeline in Orlando occurring alongside near decade-low pace of demand
Another 1.6 million square feet coming by end of the year will push vacancy up another 50 basis points
Industrial demand has been slowing in multiple U.S. markets in the last year, even in high-growth Sun Belt markets like Charleston, South Carolina; Savannah, Georgia; and Atlanta. ...
Orlando office market on track to have worst year for demand in 25 years
Stronger leasing fundamentals still expected long-term
Orlando’s office market has certainly seen better years. The pace of rent growth has been trending downward as concessions have been on the rise, and the amount of vacant space has...
Where the 55 and up population is moving to in Florida might surprise you
Central Florida is capturing an outsized share of the growth
Florida has long been considered a top choice for those seeking a high quality of life in retirement, and not even a global pandemic could change that.
Retail investment sales nearly surpass multifamily trades in Orlando as deal volume falls to 10-year low
Stronger fundamentals expected in 2025
The past year has been a strong one for multifamily renter demand in Orlando, but that has not translated to a brisk pace of investment sales activity. In fact, sales of apartment ...
New restaurant openings in Orlando are up, but development challenges loom
Prohibitive new fees could curtail restaurant demand in Central Florida’s fastest-growing county
Orlando continues to attract an outsize share of interest from both established and new restaurant concepts, and there was a notable uptick in activity in the last year. More than ...