The newest contributor to the sublease inventory is Charles Schwab Corp. which is expected to try and rent out at least one million sf in seven cities over the next seven months, property managers familiar with the discount brokerage's operations tell GlobeSt.com.

In metro Orlando, the New York-based firm could be preparing to rent out at least 100,000 sf of its total estimated 303,000 sf of leased space at three area locations, brokers tell GlobeSt.com on condition of anonymity.

Schwab is cutting 300 staffers or 20% of its 1,500-person work force here but is still determining how much sublease space to put on the market at this time, brokers tell GlobeSt.com. Schwab officials would not comment on their plans.

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