Search
 

In Orlando, it's Like 2007 Again

ORLANDO—Find out why Avison Young's Greg Morrison says we could soon see 2007 conditions in Orlando's office market in the fourth quarter.

By Jennifer LeClaire | Updated on August 19, 2015

ORLANDO—Orlando’s office market is spiking. Lake Mary, FL recently saw a mega lease—the largest in the submarket so far this year at 108,000 and an International Drive office building sold for $65 million in July. Those are just two of the many notable leases and acquisitions I’ve covered this year.

What does this fourth quarter of 2015 hold for Orlando’s office market? Greg Morrison, principal and managing director of Avison Young in Orlando, offers some insights and data points.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.