Orlando Retail MarketView Q3 2019

October 23, 2019

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  • Orlando’s retail vacancy rates decreased slightly year-over-year from 4.6% in Q3 2018, to 4.5% at the close of the quarter. 
  • Average asking lease rates have remained consistent finishing the quarter at $17.87, an increase of 9.7% from one year ago. 
  • The Orlando retail market experienced over 560,683 sq. ft. of net absorption in Q3 2019.