Outdated buildings in Orlando witness a notable surge in office availability - United States
Outdated buildings in Orlando witness a notable surge in office availability
While available office space continues to grow across the market, the largest amounts of availability lie in buildings constructed between the 1980s and 2000s.
Occupiers are enticed by newer buildings that provide superior quality space and desirable amenities, prompting a shift from dated offices to post-2010 construction.
Orlando's suburban availability accounts for 85% of the total office availability. On the other hand, urban office availability represents a smaller portion, making up only 15% of the total availability.