Orlando Retail MarketView Q3 2019
October 23, 2019
- 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.