“Miller's Ale House is a success story in Florida's business community and a testament to Orlando's strong economic growth driven in large part by tourism, which has increased 3.9% year-over-year with more than 64 million visitors,” says Hills. Miller's Ale House will occupy the fourth floor at the Major Plaza office building.

Orlando has yet to surpass the rent highs from the last cycle, off by 8.8%, according to recent research from Cushman & Wakefield. Orlando and Jacksonville typically lag behind most other Florida markets in terms of rent. As office rents get higher in other markets, tenant interest for competitive space options in these markets has increased over the past three quarters. Click here to read more about Orlando's office market.

Florida Research Manager Chris Owen believes the short-term prospects for rent growth across Florida remain positive. Owens says new office construction statewide lags compared to rising tenant demand.

“While there are several pockets of larger speculative development across the state, these projects will not, for the most part, come online until 2017 at the earliest,” Owen tells GlobeSt.com. “Consistent rent growth in existing buildings over the next 18 to 24 months will be maintained before new inventory adds to increased vacancy levels and more tenant options.”