Central Florida Office Market Steady Behind Cooling of U.S. Economy
Central Florida’s office market remained steady through the first quarter of 2019. Although slower than the same quarter of last year, a landlord’s market remains through much of the region with rental rates increasing on Class A and B space. Despite some activity slowing, landlords have held firm on keeping rental rates at current levels. Many of Orlando’s top office submarkets continue to enjoy all-time high rental rates, many of which are being locked in by new-to-market and renewing tenants.