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Office Demand in Orlando Strongest in Downtown and Urban Areas

Most of the Past Year’s Negative Office Demand Concentrated in Suburban Lake Mary
CoStar Analytics
June 26, 2023 | 7:44 P.M.

Halfway through the year, some discernible trends have begun emerging in Orlando’s office sector. In addition to office property sales volume declining more than 20% over the previous year, and the average lease size also declining, it appears that downtown and urban properties are managing to hold onto existing tenants better than suburban areas.

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News | Office Demand in Orlando Strongest in Downtown and Urban Areas