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1
An office market analysis
Winter Garden, Florida
Source: The Winter Garden Experience
© 2020 Jones Lang LaSalle IP, Inc. All rights reserved. 2
Tenant Breakdown by Industry
Medical
41%
Law Firms
12%
Real Estate
2%
Business Services
21%
Financial Institutions
24%
Average Tenant Size:
1,706 Square Feet
© 2020 Jones Lang LaSalle IP, Inc. All rights reserved. 3
559,040
Total Inventory (s.f)
40
Number of
buildings
13,635
Average building size (s.f)
Sawruck Realty
Largest Owner
Winter Garden
Key Statistics
5 available
Larger than 2,000
square feet
-20,000
-10,000
0
10,000
20,000
30,000
40,000
2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 Q1
2020*
Squarefeet
Net absorption Deliveries
VacancyRate
0.0%
5.0%
10.0%
15.0%
20.0%
25.0%
$0.00
$5.00
$10.00
$15.00
$20.00
$25.00
$30.00
2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 Q1
2020*
FullServicerentalrates
Average Rental Rate Vacancy rate
126,000 sf
Under Construction
© 2020 Jones Lang LaSalle IP, Inc. All rights reserved. 4
Winter Garden
Office availabilities >2,000 sf
1
2
6
4
3
5
Lake Apopka
429 E Crown Point Rd
(Proposed)
5
Construction &
Availabilities
1 2
529 E Crown Point Rd
(Under Construction)
3
4 5
270 W Plant St
(Under Construction
330 E Crown Point Rd
6
801 S Dillard St1200 E Plant St
(Under Construction)
© 2020 Jones Lang LaSalle IP, Inc. All rights reserved.
6
Research Team:
Jacob Attaway,
Research Analyst
Central Florida Content Specialist
+1 407 982 8696
Jacob.Attaway@am.jll.com
Ben Landes,
Research Analyst
Brokerage
+1 407 982 8598
benjamin.landes@am.jll.com
© 2020 Jones Lang LaSalle IP, Inc. All rights reserved. 7

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Winter Garden Analysis

  • 1. 1 An office market analysis Winter Garden, Florida Source: The Winter Garden Experience
  • 2. © 2020 Jones Lang LaSalle IP, Inc. All rights reserved. 2 Tenant Breakdown by Industry Medical 41% Law Firms 12% Real Estate 2% Business Services 21% Financial Institutions 24% Average Tenant Size: 1,706 Square Feet
  • 3. © 2020 Jones Lang LaSalle IP, Inc. All rights reserved. 3 559,040 Total Inventory (s.f) 40 Number of buildings 13,635 Average building size (s.f) Sawruck Realty Largest Owner Winter Garden Key Statistics 5 available Larger than 2,000 square feet -20,000 -10,000 0 10,000 20,000 30,000 40,000 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 Q1 2020* Squarefeet Net absorption Deliveries VacancyRate 0.0% 5.0% 10.0% 15.0% 20.0% 25.0% $0.00 $5.00 $10.00 $15.00 $20.00 $25.00 $30.00 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 Q1 2020* FullServicerentalrates Average Rental Rate Vacancy rate 126,000 sf Under Construction
  • 4. © 2020 Jones Lang LaSalle IP, Inc. All rights reserved. 4 Winter Garden Office availabilities >2,000 sf 1 2 6 4 3 5 Lake Apopka
  • 5. 429 E Crown Point Rd (Proposed) 5 Construction & Availabilities 1 2 529 E Crown Point Rd (Under Construction) 3 4 5 270 W Plant St (Under Construction 330 E Crown Point Rd 6 801 S Dillard St1200 E Plant St (Under Construction)
  • 6. © 2020 Jones Lang LaSalle IP, Inc. All rights reserved. 6 Research Team: Jacob Attaway, Research Analyst Central Florida Content Specialist +1 407 982 8696 Jacob.Attaway@am.jll.com Ben Landes, Research Analyst Brokerage +1 407 982 8598 benjamin.landes@am.jll.com
  • 7. © 2020 Jones Lang LaSalle IP, Inc. All rights reserved. 7