Orlando skyline report: Downtown is heating up

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Orlando’s central business district is heating up, as institutional groups own the few remaining land sites in downtown, a new report showed.

However, development must meet higher investment thresholds to move forward, according to JLL’s 2017 Orlando Skyline report.

Direct average asking rent sits at $26.50 per square foot. Tenants continue to demand quality space downtown, even as 14 major law firms seek to sublease a collective 135,000 square feet of office space, the report showed.

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