Q3 2018 Cite Partners Central Florida Industrial Market Report

THE SUMMER SIZZLE CONTINUES

The Central Florida Industrial market remains hot. Not only were the temperatures scorching over the summer, but the amount of activity market-wide remained strong. There seems to be a lack of available projects under construction and the amount of available product continues to diminish keeping vacancy rates historically low and bringing rental rates closer to pre-recession levels.

To view the Central Florida Industrial Market Report in its entirety, please click below:

Cite Partners Industrial Market Report 2018-Q3

Q2 2018 Cite Partners Central Florida Industrial Market Report

DEALS, DEALS and MORE DEALS

The Central Florida industrial market is feeling the effects of limited opportunity for development in the market’s core, given the number of buildings under construction dwindling. Additionally, available options from a vacancy standpoint are tight while new projects are getting leased out very quickly after completion. As a result of the finite inventory, rental rates continue to climb as the market starts to see inferior product as potential options to fill the need.

To view the Central Florida Industrial Market Report in its entirety, please click below:

Cite Partners Industrial Market Report 2018-Q2

Q1 2018 Cite Partners Central Florida Industrial Market Report

STRENGTH IS IN THE NUMBERS

The Central Florida industrial market remains strong. Vacancy rates continue to decrease while rental rates are on the rise. Developers continue to look for sites as buildings under construction and existing inventory are severely limited, while available land is also limited. The biggest restraint is the lack of well-located industrially-zoned land and the industrial land remaining is either very time consuming or costly to develop.

 To view the Central Florida Industrial Market Report in its entirety, please click below:

Cite Partners Industrial Market Report 2018-Q1

Q4 2017 Cite Partners Central Florida Industrial Market Report

ANOTHER STRONG YEAR

The Central Florida industrial market continues to remain very strong. Continued absorption and disciplined new construction has brought our overall occupancy rate to almost 96%. The story continues to be that there are very limited amounts of space available for tenants across the board, for both small and large deals. While the vacancy rate remains steady, this was the first quarter that the market felt the effects of that low vacancy rate.

To view the Central Florida Industrial Market Report in its entirety, please click below:

Cite Partners Industrial Market Report 2017-Q4

Q3 2017 Cite Partners Central Florida Industrial Market Report

HURRICANE SEASON TAKES ITS TOLL

The Central Florida industrial market saw steady activity this quarter. Vacancy held at the same rate from the previous quarter while absorption rates dipped, likely due to the hurricanes in September. The biggest concern heading into the final quarter of the year continues to be lack of new space, while the number of projects under construction point toward a promising 2018.

To view the Central Florida Industrial Market Report in its entirety, please click below:

Cite Partners Industrial Market Report 2017-Q3

Q3 2017 Cite Partners Central Florida Office Market Report

Change – A Good Thing or A Bad Thing?…..Depends on Where You Sit

We have always been told that change is inevitable. The older I get, the truer that statement becomes. My firm, Cite Partners, has relocated our office to a new location at 100 East Pine Street. This change of address, for us, also brings with it a change of how our office operates. Like many companies, we have designed our new office in an open-concept. One that allows our teams to better function as a team; a layout that allows us to collaborate wholly as an office; and a layout that paves the way into the next chapter of our company’s history, full steam ahead.

To view the Central Florida Office Market Report in its entirety, please click below

Q3 2017 Central Florida Office Market Report

 

Q2 2017 Cite Partners Central Florida Office Market Report

Where Have the Office Deals Gone?

A quick look at the trends of the 2nd quarter of 2017 and there is something that jumps out at you.  The two major submarkets north of Downtown Orlando, namely Maitland Center and Lake Mary, both show some very strong numbers.

To view the Central Florida Office Market Report in its entirety, please click below:

Cite Partners Office Market Report 2017-Q2

Q1 2017 Cite Partners Central Florida Retail Investment Market Report

NATIONAL RETAIL OUTLOOK

With 2016 well behind us and 2017 fully underway, it’s almost disheartening to continue the discussions surrounding President Trump. However, Trump’s presidency will have a direct impact on commercial real estate. President Trump is placing a significant focus on making changes to fiscal, trade, regulatory, and diplomatic policy with his economic plan; however, the details are still unknown. It will take a long time before we fully understand how the Trump Administration’s policies will impact the economy and the real estate market. As we have seen in past elections, it will be extremely difficult for Trump to realize any significant progress in his first year in office.

 

To view the Central Florida Retail Investment Market Report in its entirety, please click below:

Cite Partners Retail Investment Market Report 2017-Q1