Report | Orlando Law Firm Perspective - 2016
Limited availability for large blocks of space in the CBD is resulting in rising rents among competitive Class A properties where law firms prefer to locate in Orlando. Law firms touring for quality space face limited options and landlord-favorable conditions with no new development underway in within the CBD and a limited prime suburban pipeline. Local firms with smaller footprints can also lower real estate costs by relocating to prime suburban markets, where Class A space is discounted at least 11.0 percent compared with downtown.
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