Figures

Orlando Office Figures - Q4 2024

January 10, 2025 5 Minute Read

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  • Year to date absorption increased to positive 106,837 sq. ft., prompting the 40 bps decrease in vacancy year over year.
  • 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 $27.69 per sq. ft., up 3.2% year over year.