HomeMy WebLinkAbout2009 11 09 Reports 405 Deputy Mayor Krebs Date: November 9, 2009
The attached was referenced by Deputy Mayor
Joanne M. Krebs during "Reports" at the
November 9, 2009 Regular City Commission
Meeting.
Below is an article from the Orlando Sentinel dated November 9, 2009
from Deputy Mayor Krebs.
6: Orlando Sentinel s-
1 $f x� Conimrda!vcan
z �;.2 `z°r r` f 7-'Qc si"i��� 1i� y s
EO n t unue: I r:1b 1 r quarter
B V l,{.SENTI STAFF WRITER
a B
c m A e third quarter for Orlando's office,
in duatrialret `sectors, according to a report st week
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A, aa.,) te a. k I,>s sr�
zfromk ald Co
The amount of emp o ieeTspace grew during the'July through -Sep
1 vi „u
its: 3 r t re n d ttlat started4ilate 2.
tembeT�erlOd CAntlrilt�l'!,� anpV9�
During the p y t v aca ncy rate has risen fourtpercentage po'mts
to 20 percent as of th e o k,1-
e p em ber. b e ic v acancie s gre the
overall a `dg. }.3ri for decanga'bcy $1.38 a s ttare foot, to
compared wx#ti e darter of i`”` 9 .1,
For'industr*ial space, gro mng va continued ern upw sp r
that began more than t wo IT. ars ago D :the e vacancy k
r rose fl r nt age ports, to 14 percent, `as of-the end of September
the�l highest level pry record for the sector, the C,&W Orlando report
stated, Tlie vacancy 4rate for warehouse and rib
distution space also rose
five percentage; points. to,Y3 perce �t, during. the, quarter
Retail vacancies weresimilarly up. 1