2016..what a year!! A lot happened around us in Central Florida; in the State of Florida; in the United States; heck, in the world. The office market, overall, had a very successful year. Vacancies continued to dwindle while rental rates increased. Office-user-sales continued to take a prominent position in the market as interest rates promoted cheap cost of funds for buyers. Investment sales in the area were brisk as more national, institutional buyers found their way into Orlando and other “secondary” markets like it. Positive signs are all around..
To view the Central Florida Office Market Report in its entirety, please click below: