// OFFICE MARKET OVERVIEW
// DOWNTOWN OFFICE
// HISTORICAL VACANCY
// HISTORICAL RENTAL RATES
After a year
of negative
absorption in 2014,
YTD Downtown has
experienced positive
absorption of 175,000
square feet this
year.
// HISTORICAL ABSORPTION
Overall,
vacancy
Downtown is at its
lowest point since the
downturn. Class A vacancy
also reached an all time low
this quarter, below the
13.0 percent point for
the first time since
2008.
Since 2011,
tenants have
absorbed double
what has been
delivered since
2008.
Although
asking rents
are still below
pre-recession
highs, downtown
has experienced
consistent growth
in 2015.
ORLANDO PULSE // 24