JLL Pulse360 Orlando // 2015 | Page 36
// ORLANDO OFFICE STATISTICS
// ORLANDO Q3 2015 OFFICE STATISTICS
Total net YTD total net YTD total net
absorption
absorption absorption (%
(s.f.)
(s.f.)
of stock)
Average
Direct Total vacancy asking rent ($
vacancy (%)
(%)
p.s.f.)
YTD
completions
(s.f.)
Under
construction
(s.f.)
Class
Inventory
(s.f.)
Downtown
Totals
6,070,294
3,107
175,499
2.9%
13.4%
13.9%
$24.10
0
0
CBD
Totals
6,070,294
3,107
175,499
2.9%
13.4%
13.9%
$24.10
0
0
Altamonte
Totals
1,200,550
-8,842
5,614
0.5%
22.5%
22.5%
$16.18
0
0
Lake Mary
Totals
4,964,466
-26,463
-3,725
-0.1%
17.2%
17.3%
$21.40
0
0
Maitland Center Totals
5,067,695
121,625
169,212
3.3%
17.4%
18.1%
$18.87
0
0
University Area
Totals
3,151,398
-57,206
42,399
1.3%
11.4%
11.5%
$22.11
0
92,000
Southwest
Totals
6,890,193
68,772
92,606
1.3%
13.1%
13.6%
$19.39
0
136,000
436 Corridor
Totals
1,132,884
36,911
29,983
2.6%
14.8%
14.8%
$18.37
0
0
Suburban
Totals
22,407,186
134,797
336,089
1.5%
15.3%
15.7%
$19.88
0
228,000
Orlando
Totals
28,477,480
137,904
511,588
1.8%
14.9%
15.3%
$20.52
0
228,000
Downtown
A
4,419,755
9,168
139,770
3.2%
12.4%
12.9%
$25.97
0
0
CBD
A
4,419,755
9,168
139,770
3.2%
12.4%
12.9%
$25.97
0
0
Altamonte
A
269,400
3,750
24,173
9.0%
20.3%
20.3%
$16.60
0
0
Lake Mary
A
3,384,969
-1,371
76,009
2.2%
14.8%
14.9%
$22.77
0
0
Maitland Center A
3,651,927
93,749
139,563
3.8%
12.9%
13.8%
$18.89
0
0
University Area
A
1,888,457
-371
37,832
2.0%
11.8%
11.8%
$23.12
0
92,000
Southwest
A
4,363,347
54,765
53,493
1.2%
12.0%
12.8%
$23.66
0
136,000
436 Corridor
A
302,051
1,427
-7,530
-2.5%
11.8%
11.8%
$24.41
0
0
Suburban
A
13,860,151
151,949
323,540
2.3%
13.1%
13.6%
$21.72
0
228,000
Orlando
A
18,279,906
161,117
463,310
2.5%
12.9%
13.4%
$22.43
0
228,000
Downtown
B
1,650,539
-6,061
35,729
2.2%
16.1%
16.6%
$21.53
0
0
CBD
B
1,650,539
-6,061
35,729
2.2%
16.1%
16.6%
$21.53
0
0
Altamonte
B
931,150
-12,592
-18,559
-2.0%
23.2%
23.2%
$16.04
0
0
Lake Mary
B
1,579,497
-25,092
-79,734
-5.0%
22.4%
22.6%
$19.55
0
0
Maitland Center B
1,415,768
27,876
29,649
2.1%
29.1%
29.1%
$18.85
0
0
University Area
B
1,262,941
-56,835
4,567
0.4%
10.9%
11.0%
$20.55
0
0
Southwest
B
2,526,846
14,007
39,113
1.5%
14.8%
14.8%
$15.78
0
0
436 Corridor
B
830,833
35,484
37,513
4.5%
15.9%
15.9%
$16.72
0
0
Suburban
B
8,547,035
-17,152
12,549
0.1%
19.0%
19.1%
$17.92
0
0
Orlando
B
10,197,574
-23,213
48,278
0.5%
18.6%
18.7%
$18.40
0
0
ORLANDO PULSE // 36
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