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 ...
New hurdles for development in one of Orlando’s fastest-expanding areas
Osceola County has approved two new measures that could make it less attractive to developers
New apartment development has been rapid in the Orlando market since the beginning of the pandemic, with the total number of units growing by 50,585, or an inventory expansion of n...
Opposition grows to Florida Senate bill encouraging affordable housing development
City of Kissimmee becomes the latest to block access to tax incentives for developers
Florida’s appeal as a coveted place to live is clear, as evidenced by the roughly 1,000 new residents moving to the state each day. An outsized share of those relocating are settli...
Small-bay industrial properties in these Central Florida suburbs have availability rates below 3%
Fast growing suburbs in the Sunshine State Have Very Few Options for Small and Mid-Sized Tenants
According to the most recent Census Bureau data, Florida ranked among the top three states in the U.S. for population growth between mid-2022 and mid-2023 on both an absolute and p...
Office investment activity in Orlando is at 10-year low ahead of expected September rate cut
Marked uptick in broker opinion of value packages requested by potential sellers in 2024
To say that office investment activity has been slow in the last year is putting it mildly. The cumulative weight of elevated interest rates, weakening office demand, deteriorating...