JLL Pulse360 Orlando // 2015 | Page 29

// RETAIL STATS

// SUBMARKET ACTIVITY
Submarket

AVERAGE
OCCUPANCY

90.7%
0.4%

FROM
THE PEAK
1Q 2007

-3.8%

FROM
THE CRASH
2Q 2012

+2.7%

$14.12
0.6%

FROM
THE PEAK
1Q 2008

-$4.45

FROM
THE CRASH
1Q 2015

+$0.07

YE14

436 Corridor

4,743,812

94.6%

Altamonte / Douglas

2,276,480

Apopka

Occupancy
MY15
Change

YE14

Asking Rent
MY15

Change

94.5%

-0.1%

$16.07

87.4%

86.7%

-0.8%

$15.93

$15.46

-2.9%

1,558,838

-

95.8%

-

$13.44

-

Casselberry

3,576,102

89.5%

89.9%

0.4%

$14.01

$15.61

11.4%

Downtown

12,121

-

-

-

-

-

-

Kissimmee

3,617,989

93.3%

94.2%

0.9%

$17.90

$18.20

1.7%

Lake Mary

2,244,131

92.0%

92.5%

0.5%

$20.13

$15.20

-24.5%

Lee Road

469,932

73.1%

73.2%

0.1%

$10.14

$10.92

7.7%

Longwood

965,761

89.0%

89.1%

0.1%

$11.09

$8.50

-23.3%

Maitland

685,314

95.3%

91.6%

-3.7%

$14.96

$14.22

-5.0%

Maitland Center

1,348,058

93.5%

93.8%

0.2%

$16.44

$16.11

-2.0%

Metro West

1,239,276

94.5%

96.0%

1.5%

$16.65

$17.72

6.4%

99,116

85.3%

94.9%

9.6%

$21.76

$21.76

0.0%

Orlando Central Park

3,361,681

89.1%

91.4%

2.3%

$11.96

$12.39

3.6%

Sanford

1,983,343

92.4%

92.7%

0.4%

$14.15

$12.56

-11.3%

South Orange

1,209,314

92.7%

95.2%

2.5%

$14.76

$16.39

11.0%

Tourist Corridor

5,964,602

90.2%

89.2%

-1.0%

$18.15

$18.78

3.5%

University

325,380

92.5%

84.8%

-7.7%

$21.47

$21.47

0.0%

University Research

256,620

83.4%

88.8%

5.4%

$26.42

$20.00

-24.3%

West Colonial

5,900,351

88.4%

91.4%

3.0%

$11.82

$10.65

-9.9%

West University

2,773,547

94.3%

93.8%

-0.5%

$19.30

$19.02

-1.4%

Winter Park

1,155,813

84.7%

86.2%

1.5%

$17.86

$17.95

0.5%

45,767,581

90.2%

90.7%

0.4%

$14.21

$14.12

-0.6%

Orlando Airport

ASKING
RENTAL RATE

Inventory

Orlando Market Total

Power Center & Shopping Center Market Statistics From CoStar Property

ORLANDO PULSE // 29

$15.00

-6.7%