Creative Village Proposal_4.7_draft

PROJECT DESIGN REVIEW

PROJECT LEASE UP

THE PLAN

WHY C&W

INTRODUCTION

PROJECT LEASE UP

All stats are overall and include both direct and sublease space. Asking rents: overall weighted average, Full Service per square foot per year Vacancy: overall vacancy

1Q20 OFFICE STATS

ORLANDO OVERALL

TOTAL OVERALL RENTAL RATE $24.23

OVERALL VACANCY RATE 9.4%

TOTAL INVENTORY (SF) 36.9M

METRO ASKING RATE & VACANCY COMPARISON

METRO LEASING ACTIVITY & ABSORPTION

1Q20 OVERALL NET ABSORPTION (SF) 131K

1Q20 LEASING ACTIVITY (SF) 694K

CLASS A VACANCY RATE 8.1%

ORLANDO CBD

LEASING ACTIVITY & ABSORPTION

ASKING RATE & VACANCY COMPARISON

TOTAL OVERALL RENTAL RATE $28.91

OVERALL VACANCY RATE 12.3%

TOTAL INVENTORY (SF) 7.3M

1Q20 OVERALL NET ABSORPTION (SF) 128.2K

1Q20 LEASING ACTIVITY (SF) 77.7K

CLASS A VACANCY RATE 12.1%

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