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 trends to help our clients navigate this evolving landscape with confidence.
Office Leasing on the Rise in Central Florida
In 2024, the Orlando metro area recorded over 2.8 million square feet of leasing activity, a strong signal that companies are re-engaging with physical office space. According to market reports, this contributed to a positive net absorption of 90,481 square feet by year’s end—marking a significant rebound after the post-pandemic slowdown.
For businesses seeking flexible, modern office solutions, the demand has shifted toward Class A spaces in prime submarkets like Downtown Orlando, Lake Nona, and Maitland Center.
✅ Garito & Company LLC offers customized tenant representation and landlord advisory services to help our clients capitalize on this momentum.
Vacancy Rates & Rental Trends
Vacancy rates in the Central Florida office market decreased slightly in Q4 2024, settling at 15.5%, a 10-basis-point improvement from the previous quarter. While this still reflects a tenant-favorable market, it also shows renewed stability.
Rental rates have remained steady, averaging $27.29 per square foot, suggesting that the market is maintaining equilibrium between landlord expectations and tenant affordability.
📊 Are you a property owner looking to reposition your office assets? Our team at Garito & Company LLC can help you maximize ROI through targeted leasing and repositioning strategies.
The Shift to Flexibility & “Flight to Quality”
One of the most impactful trends in 2025 is the ongoing “flight to quality”—where tenants prefer well-located, amenity-rich office spaces that support productivity and wellness. In response, developers and landlords are focusing on renovations, tech-enabled buildings, and spaces designed for hybrid workforces.
At the same time, demand for smaller, flexible office suites is rising, particularly among startups, remote-first firms, and satellite offices. Owners of older assets are adapting with reconfigurable floorplans and shared amenities.
🏢 Garito & Company LLC provides asset management services that help office building owners adapt to new tenant demands and increase occupancy.
Investment Market Outlook
Although rising interest rates and macroeconomic uncertainty have made some investors cautious, Central Florida remains a high-interest region for long-term office investment. Recent transactions in MetroWest and Lake Nona reflect this ongoing interest, especially in properties that offer redevelopment or repositioning opportunities.
💼 Looking to buy, sell, or reposition an office asset in Central Florida? Garito & Company LLC offers full-service brokerage and consulting solutions.
Final Thoughts
As Central Florida continues to evolve as a business hub, Garito & Company LLC is committed to delivering value for investors, developers, tenants, and owners in the office sector. The market in 2025 is characterized by renewed activity, a focus on quality, and adaptive strategies—and we’re here to guide you every step of the way.
📞 Contact Us Today
Whether you’re exploring leasing opportunities, office investment options, or portfolio strategies, Garito & Company LLC is your trusted partner in Central Florida commercial real estate.
