Figures

Orlando Office Figures - Q3 2024

October 8, 2024 5 Minute Read

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  • Year to date absorption increased to positive 98,901 sq. ft., prompting the 30 bps decrease 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 $27.38 per sq. ft., up 4.8% year over year.