Figures

Orlando Office Figures - Q2 2024

July 8, 2024 5 Minute Read

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  • Year to date absorption dropped to negative 84,594 sq. ft., prompting the 40 bps increase in vacancy quarter over quarter.
  • The current construction pipeline is empty with only a handful of proposed projects in discussion and no clear timeline as to when they will move forward.
  • Average direct asking rents across Orlando sit at $27.17 per sq. ft., up 1.3% year over year.