Florida Eliminates Sales Tax on Commercial Rent: What It Means for the Market
Is Florida now the most competitive market for commercial real estate? As of October 1, 2025, the answer may very well be yes. Florida has officially eliminated the sales tax on commercial leases. This means tenants renting office, retail, or industrial space will no longer pay state or local sales tax on their rent. It’s […]
What Makes Irlo Bronson Memorial Hwy a Prime Location for Restaurant Expansion Near Disney?
A Market Defined by Growth Kissimmee, Florida, is one of the fastest-growing markets in the United States, fueled by both tourism and residential development. Its proximity to Walt Disney World, Universal Orlando, and the greater Orlando hospitality hub generates tens of millions of visitors each year. At the same time, Osceola County consistently ranks among […]
Central Florida Office Market Outlook 2025 | Trends & Insights
Central Florida Office Market Outlook 2025: Trends & Insights | Garito & Company The Central Florida office real estate market is entering 2025 with signs of stability and transformation, as businesses adapt to hybrid work models and investors assess long-term strategies. At Garito & Company LLC, we stay at the forefront of commercial real estate […]
What Orlando may do with long-vacant historic downtown tower
A long-vacant tower downtown could see new life if the city of Orlando’s community redevelopment agency buys the property. The 10-story, 46,730-square-foot building at 1 N. Orange Ave. is among four properties the CRA has proposed purchasing. One North Orange LLC currently owns the building, and the proposed sales price is $9.59 million. The building has […]
Downtown Orlando building sells, renovations planned
A downtown Orlando building that is home to a pair of popular restaurants has traded hands — and its new owner has plans to invest up to a half-million dollars into renovations. The two-story building at 24 E. Washington St., the ground floor tenants for which include Gringos Locos and Loading Zone Philly Steaks, sold […]
How Orlando’s iconic Parliament House ended up downtown
Parliament House — Orlando’s iconic gay resort — now has a future home in downtown Orlando, but it took months of negotiations and failed deals to land a space. The search for a new home started around November 2020 when Parliament House officially shuttered at 410 N. Orange Blossom Trail after 45 years in operation there. […]
