Compared to other major metros in the state, Orlando is seeing the second-lowest available office space at 12.7%, with the average asking rate at $22.87 per square foot, which is an all-time high for the city.
Confidence in Orlando’s office market is growing as firms take over 25,000 square feet of office space this year.
That’s according to a Q2 Orlando Office Market report by Marcus & Millichap, which says those numbers have surpassed the net absorption totals since 2020.
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