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© 2019 Jones Lang LaSalle IP, Inc. All rights reserved.
For more information, contact:
Snapshot
Source: JLL Research
Benjamin Landes | Benjamin.Landes@am.jll.com
November 26, 2019
Orlando
Tech firm leasing is most active in Lake Mary
Lake Mary
33%
University Area
25%
Maitland
23%
Orlando CBD
15%
Tourist Corridor
4%
• Technology companies are finding fertile ground for growth in central Florida with an ever-expanding
labor force and highly competitive rental rates across the Orlando area submarkets.
• Orlando’s central business district is beginning to capture more of this interest as Creative Village begins
to take shape with EA Sports secured as an anchor tenant for the 1.0+ billion dollar development.
• Lake Mary has been the favorite submarket of tech firms over the past 5 years with more than 600,000
square feet of leasing activity, lead by firms with big footprints like Fiserv (135,000 s.f.), CentralSquare
(87,000 s.f.), and Finastra (109,000 s.f.).
• The University Area submarket is also reaping the benefits of this tech boom, capitalizing on the massive
talent pipeline coming out of UCF and an abundance of flex/ R&D space.

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Tech Firm Leasing by Submarket

  • 1. © 2019 Jones Lang LaSalle IP, Inc. All rights reserved. For more information, contact: Snapshot Source: JLL Research Benjamin Landes | Benjamin.Landes@am.jll.com November 26, 2019 Orlando Tech firm leasing is most active in Lake Mary Lake Mary 33% University Area 25% Maitland 23% Orlando CBD 15% Tourist Corridor 4% • Technology companies are finding fertile ground for growth in central Florida with an ever-expanding labor force and highly competitive rental rates across the Orlando area submarkets. • Orlando’s central business district is beginning to capture more of this interest as Creative Village begins to take shape with EA Sports secured as an anchor tenant for the 1.0+ billion dollar development. • Lake Mary has been the favorite submarket of tech firms over the past 5 years with more than 600,000 square feet of leasing activity, lead by firms with big footprints like Fiserv (135,000 s.f.), CentralSquare (87,000 s.f.), and Finastra (109,000 s.f.). • The University Area submarket is also reaping the benefits of this tech boom, capitalizing on the massive talent pipeline coming out of UCF and an abundance of flex/ R&D space.