Commercial Real Estate Report - Orlando, FL [Office]

Property Type

View market and submarket information on Office space in Orlando, Florida. Our detailed reports provide commercial real estate information like commercial property rates, commercial vacancy rates, asking rents, current inventory, lease terms, employment data and more in Orlando, Florida.

Boundaries

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Recent Sales New Construction Highlight Submarkets

Latest Quarterly Reports (Q1 2013)

Orlando, FL - Entire Metro
Submarkets
Winter Park -60 bps
East/UCF -50 bps
Downtown -10 bps
Altamonte/Casselbery -10 bps
Northwest Orlando -10 bps
Kissimmee 30 bps
South Orlando 50 bps
Maitland 100 bps
Sanford 140 bps
 

Recent Sales

Cap Rate Trend

Sales Trend

Q1
2013
Q4
2012
Q3
2012
Q2
2012
Mean 8.7% 7.8% 8.2% 11.1%
Median 8.7% 8.1% 8.5% 11.1%
12 Month Rolling 9.2% 9.0% 9.5% 8.9%

Commercial Real Estate News

Headline Date
 

Recent Rent Observations

Location ID Class Rent
East/UCF 49050 A $22
East/UCF O580 BC $17
East/UCF O700 BC $18
Winter Park O1210 A $9
Winter Park 49160 BC $16
Sanford 70210 BC $15
Sanford 45210 A $24
Downtown O1830 BC $12
Sanford 44451 BC $18
Sanford 94240 BC $13

Change From Previous Quarter

Market Rent Vac Inv
Orlando 0.0% 20 bps 0.0%
South Atlantic Region 0.0% 0 bps 0.0%
United States 0.0% 0 bps -0.0%

Metro vs. Region 0.0% 20 bps 0.0%
Metro vs. US 0.0% 20 bps 0.0%

Latest New Construction Updates

Location Size
Altamonte/Casselbery 110,000 - 160,000
Maitland 0 - 60,000
Altamonte/Casselbery 160,000 - 210,000
N/A 0 - 60,000
Altamonte/Casselbery 60,000 - 110,000
East/UCF 0 - 60,000
South Orlando 60,000 - 110,000
Sanford 0 - 60,000
Sanford 0 - 60,000
Sanford 60,000 - 110,000
View all Construction Projects

National Office Real Estate Trends

Vacancy Trends
Supply and Demand
Inventory Change
Inventory Change

Metropolitan Office Rankings (Q1 2013)

Based on 190 U.S. Markets
Value:
119. San Antonio, TX 18.4%
120. Chicago, IL 18.5%
121. Columbia, SC 18.5%
122. Albuquerque, NM 18.6%
123. Baton Rouge, LA 18.7%
124. Orlando, FL 18.8%
125. St. Louis, MO 18.8%
126. Biloxi-Gulfport, MS 18.9%
127. Bremerton-Silverdale, WA 19.0%
128. Myrtle Beach, SC 19.0%
129. Northern New Jersey, NJ 19.1%

Avg Annual Growth Rate (2013 - 2017)

Market Rent Vac Inv
Orlando 0.6% 1,851 bps 0.7%
South Atlantic Region 0.9% 1,676 bps 0.8%
United States 0.6% 1,704 bps 0.9%

Metro vs. Region -0.3% 175 bps -0.1%
Metro vs. US -0.0% 147 bps -0.3%