Posted on: September 4, 2015
As the economy recovers across the United States, Florida’s commercial real estate market is thriving. All evidence points to a great resurgence underway for the Sunshine State, particularly in Orlando, Florida – home of Walt Disney World and many other theme parks.
Orlando’s success is largely predicated on the record tourism numbers; an influx of tourist dollars is helping the city fund a now-booming commercial real estate industry. In 2014, Central Florida saw a record of 62 million-plus visitors, securing a top place in terms of strongest economic growth in Florida.
That trend is likely to continue, particularly with new developments underway such as the new Star Wars themed park coming to Disney’s Hollywood Studios at the Walt Disney World Resort in Orlando.
Supporting this economic upturn and strong growth, we are also seeing new large-scale buildings set for construction in Orlando:
These new developments reinforce a recent Gallup report naming Orlando, Florida as one of the top 10 cities in the US for job creation and growth. Vacancy rates are falling in commercial buildings; as the market improves, tenants are eager to find commercial space and participate in the prosperity.
Orlando, Florida is an ideal area for sophisticated investors to invest in, taking advantage of this unique opportunity for growth. Investors looking to diversify their portfolios can consider Florida commercial properties for their next investment, secure in the knowledge that the area is experiencing a strong economic recovery.
>> MSR Holdings Inc. acquires exclusive commercial real estate investment opportunities in the US and Canada, currently focusing on Orlando, Florida. Contact us today to discuss becoming one of our select investors.
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