STILL GOING STRONG
2016 ended on a very strong note, which is usually a great sign for the upcoming year. We saw the third straight year of over three million square feet of positive absorption, vacancy continue to drop, and new construction remains very disciplined. Tenant demand continues to be consistent and many existing companies are looking for new space to expand. There is over $15 billion worth of capital investment taking place in Orlando right now between Ultimate I-4, expansion at OIA, Wekiva Parkway, theme park expansions, and many more projects.
To view the Central Florida Industrial Market Report in its entirety, please click below: