NEWS

QUARTER LEE NOTE The second quarter of 2026 marked a strong rebound for the Orlando industrial market, posting 996,347 SF of positive net absorption, the strongest quarterly performance since Q2 2025. This also increased rolling 12-month net absorption to approximately 850,000 SF, signaling improving market fundamentals following two consecutive quarters of negative absorption. While the quarter’s results were supported by several larger lease transactions, including a 330,000 SF lease in the Northwest submarket, positive absorption…

7.14.25 For Immediate Release   ORLANDO, FL – July 14, 2026—The Central Florida office of Lee & Associates, the nation’s largest broker-owned commercial real estate firm, continues its progress in 2026 and is pleased to report that it closed over 866,199 SF of commercial transactions during the 2nd quarter of 2026 valued at over $82 Million. Some notable deals to report: Our Industrial Team working on behalf of Mapletree, LBA Realty, Swift Creek Partners, Link,…

5.5.26 For Immediate Release   ORLANDO, FL – The Central Florida office of Lee & Associates, the nation’s largest broker-owned commercial real estate firm, is off to a fast start in 2026 and is pleased to report that it closed over 3.5 million SF of commercial transactions during the 1st quarter of 2026 valued at over $133 Million. Some notable deals to report: Our Industrial Team working on behalf of Link, Prologis, McCraney, Clarion, GK…

QUARTER LEE NOTE Opening 2026, the market posted negative 49,274 SF of net absorption. This marks the second quarter in a row of negative net absorption. The headline, at first glance, appears concerning; however, a closer review shows it was largely driven by two significant give-backs, both of which were in South Orlando. Excluding these transactions, the market would have posted 270,000 SF of positive net absorption for Q1. Vacancy rates increased 87 basis points…

  The Central Florida industrial market closed 2025 in a stronger position than 2024. The market has entered a period of “normalization” following several years of elevated activity after COVID, followed by a down 2024 year. At the end of 2025, the market recorded 2,356,826 square feet of positive net absorption, despite negative absorption (239,994 SF) in Q4 that was driven primarily by a small number of large tenant move-outs rather than broad-based weakness.  On…

1.22.26 For Immediate Release   ORLANDO, FL – The Central Florida office of Lee & Associates, the nation’s largest broker-owned commercial real estate firm, is pleased to report that it closed 2.9 million SF of commercial transactions during the 4th quarter of 2025. Some notable deals to report: William “Bo” Bradford, CCIM, SIOR, President & Tim Perry, CCIM, SIOR, Senior Vice President represented Prologis in the renewal of 116,820 SF of industrial space in Orlando,…

  The Central Florida industrial market posted approximately 142,596 SF of positive net absorption in Q3 2025, bringing year-to-date absorption to roughly 2.6 million SF. Vacancy rose 24 basis points to 7.92%, driven primarily by increasing sublease availability despite positive absorption in direct space. Average asking rents edged down slightly by $0.11 to $9.82 per SF, reflecting a market that has, for now, leveled off. While overall leasing activity remained relatively steady, deal volume continued…

INDUSTRIAL OVERVIEW MARKETS AWAIT TARIFF CLARITY Net absorption of industrial space increased in the third quarter across North America but demand was weak and failed again to keep pace with the supply of new buildings, while tenant growth remained hobbled by tariff concerns and interest rates. In the United States, following 8.1 million SF of negative absorption in the first half, third-quarter tenant growth totaled 31 million SF. That was off 41% from a year…

10.16.25 For Immediate Release   October 16, 2025 (Orlando, FL) –LEE & ASSOCIATES COMPLETES OVER 1.7 MILLION SQ FT OF COMMERCIAL REAL ESTATE TRANSACTIONS VALUED AT $65 MILLION DURING THE 2nd QUARTER OF 2025 ORLANDO, FL – July 21, 2025—The Central Florida office of Lee & Associates, the nation’s largest broker-owned commercial real estate firm, is making consistent progress in 2025 and is pleased to report that it closed over 1.7 million SF of commercial…