Orlando office market reports

Q2 2023

Orlando’s office market has experienced a notable transformation as tenants continue to shift from class A office space to top-tier trophy buildings. An influx of office availability has led to a decrease in annual asking rent growth. Nevertheless, Orlando is expected to see sustained population growth over the next five years as factors such as lower taxes, a pleasant climate, and a more affordable cost of living have made Orlando a favorable destination for residents leaving cities such as New York and Washington, D.C.

13.9%

Trophy office availability

Tenants continue to shift toward top-tier office buildings, bringing trophy availability to a low since the pandemic, while class A availability simultaneously climbs.

+2.3%

Annual asking rent increase

Growth in Orlando’s office asking rents has begun to slow as availability rises and tenant demand declines.

+9.4%

Population growth

Orlando is expected to continue growing, with the city’s population estimated to increase by 9.4% over the next five years.

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Get in-depth office market reports from commercial real estate experts in the Greater Orlando area. Avison Young advisors look at Orlando commercial real estate activities and the latest Orlando statistics to provide you expert market research on Orlando's office properties.

Explore different topics like the latest office market pricing trends and analysis of Orlando's current office real estate market conditions. Gain a better understanding of Orlando’s office real estate outlook and stay ahead of current office space trends. Make smart decisions when it comes to investing in office properties in Orlando's competitive office real estate market. Avison Young is your trusted source for commercial real estate office market insights in Orlando.

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