Friday, January 6, 2012

Cushman & Wakefield releases fourth quarter Orlando office and industrial statistics



ORLANDO, FL - Cushman & Wakefield of Florida, Inc. today released fourth quarter 2011 office and industrial statistics for the Orlando market.

Office

 Overall vacancy closed 2011 at 20.2%, a decrease of two-tenths of a percentage point from the third quarter and 1.3 percentage points lower than year-end 2010. This extended the run of consecutive quarterly decreases to six and brought vacancy to its lowest level since the third quarter of 2009.

 Industrial

 Overall vacancy declined four-tenths of a percentage point from the third quarter to 13.1%, its lowest level since the second quarter of 2009; all but two of thirteen submarkets reported a decrease in vacancy from year-end 2010.

 For a complete copy of the company’s news release and further details on the office and industrial markets, please contact:

 Brook Hines at 407-541-4401 or by email at brook.hines@cushwake.com.


Neil Hamilton
Research Analyst
Cushman & Wakefield of Florida, Inc.
800 N. Magnolia Ave., Suite 450
Orlando, FL  32803
Tel:  (407) 541-4417
Fax: (407) 425-6455



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