Jacksonville, Florida, ranks in top-10 US cities for largest year-over-year population increase
The city also passed one million mark for population for first time in 2024
The city of Jacksonville, Florida, has long been ranked as the top city in the continental U.S. for total land area, but it is also the driving force behind one of the fastest metr...
Once-thriving regional malls re-envisioned as mixed-use redevelopments
Two prominent Florida properties have traded in 2025 for pennies on the dollar
Across Florida, once-thriving indoor malls are facing functional obsolescence due to spiraling maintenance costs and competition from newer projects that have significantly reduced...
Population in Orlando slowly shifting from core of the market to once-secondary areas
Osceola County has seen a nearly 75% rise in population since 2010
The Orlando market has ranked at or near the top of the charts for population growth since well before the pandemic. But not all areas within the broader market have expanded at th...
Developers rush to submit permits to avoid additional fees in one of Florida’s fastest-growing counties
Higher mobility fees in Osceola County go into effect in June
More than eight months have passed since the leadership of Osceola County, Florida, voted in favor of a mobility fee hike. As a result of that vote, the county's mobility fees are ...
Sizeable gap in Orlando industrial supply and demand fundamentals narrows
The signing of a new 1.2 million-square-foot deal may lead to notable decline in vacant space in third quarter
Orlando's industrial development pipeline has been experiencing a growth spurt since the beginning of the pandemic, expanding by nearly 30 million square feet in that time.
In-migration and aging population drive robust Orlando, Florida, medical office demand
CoStar releases a new quarterly medical office report for major markets across the US
Medical office buildings have demonstrated stable performance for the past few years, presenting a marked contrast with traditional offices. The subsector enjoys several structural...
Lower insurance costs for apartments could fuel investment activity in second half of 2025
Insurance is now integral to multifamily acquisition and divestiture strategy
The impact of elevated insurance rates on investor sentiment has been clear for the last few years in Central Florida. After reaching a record high of $7.3 billion in 2021, multifa...
Recent industrial demand in Orlando is not reflective of market sentiment
Developers try to meet the need for smaller spaces, but the economics are challenging
The Orlando market has had the most active industrial development pipeline in the state of Florida in the last five years, with inventory growing by more than 26 million square fee...
Rental demand surges in Orlando despite slowing pace of domestic migration
Central Florida has seen more renter demand in the last year than Miami and Fort Lauderdale combined
Despite recent Census data showing a moderating pace of migration to Florida, Orlando’s multifamily sector has held up well. The past year has provided the clearest evidence yet th...
How Orlando’s downtown compares to other major US urban cores
Healthier demand outlook expected for 2025 driven by a major planned move during the fourth quarter
Office demand in downtown Orlando took a significant hit in 2024, resulting in the first year of negative absorption in its history, with negative 580,000 square feet of net absorp...
Florida apartment performance diverges across markets
CoStar analysts discuss the state of the apartment market in the latest webinar
The recent surge in apartment construction has created a significant supply overhang across Florida, though this has had disparate impacts on property fundamentals depending on the...
Orlando's population growth pattern shifts as domestic migration decelerates
International movers responsible for virtually all net in-migration in 2024
Where new residents are moving from is reshaping the narrative surrounding population growth in Florida. The Sunshine State is renowned for its draw as a relocation destination, an...
Orlando’s multifamily market poised for a 2025 of solid performance
What CoStar’s analytics team is hearing from industry players in Orlando
Orlando’s multifamily market saw a resurgence of demand in 2024. Net absorption doubled compared to the prior year, leaving supply and demand in the closest state of balance since ...
Major industrial development planned next to Space Coast Regional Airport
Hines' project announcement follows the company’s $42.2 million acquisition of Titusville Logistics Center
Industrial development and investor interest are intensifying in Florida’s Space Coast region. Brevard County is home to Kennedy Space Center and Patrick Space Force Base, and indu...
Obstacles persist in Orlando office market, but green shoots are sprouting
What CoStar’s analytics team is hearing from industry players in Orlando
Orlando’s office market is navigating a period of decelerating space demand, having just endured the worst year for net absorption in more than 25 years. Much of the tenant movemen...
Orlando multifamily investment activity still under pressure, but sentiment improves
Despite year-over-year volume down 12% in 2024, market activity ranks third in Florida
Multifamily sales volume across Florida’s six primary markets in the past two years has been reflective of reluctance on the part of both buyers and sellers. Rising insurance costs...
Office leasing challenges mount in Orlando, Florida
The bulk of available four- and five-star office space is too large for most tenants
The U.S. office sector has recently been characterized by a modest decline in leasing activity, a weak but improving trend in net absorption and a flat pace of year-over-year rent ...
Orlando, Florida, office owners raise bar to attract tenants
Brokers expect highly amenitized properties; Those with most competitive rents will see strongest demand
Orlando’s office market has been resilient since the onset of the pandemic, despite suffering through the weakest year for demand on record in 2024. However, absorption alone does ...
Jacksonville endures two straight years of negative office demand, but the news is not all bad
Another finance firm is moving its headquarters to Jacksonville’s Deerwood Park North
The Jacksonville market has felt its share of pressure from weak office demand in the post-pandemic period, but there are still some positive developments.
Lack of availability holds back Orlando, Florida's retail sector
Spending growth could decline in 2025, reducing future demand for space
National retail tenants and new concepts continue to target the Orlando market but are finding few quality opportunities available following the leasing of more than 10 million squ...