ORLANDO—A tourist haven, Orlando's retailmarket takes on a seasonal aspect that's not present in many otherparts of the country. So what retail submarkets are most demand inOrlando? And what are the hottest perennial retailcategories?
GlobeSt.com caught up with Bobby Palta, a vicepresident with CBRE, to get his take on theseissues in part two of this exclusive interview. You can still readpart one: Orlando Emerging on Tech Scene.
GlobeSt.com: From your perspective, is it a tenants'or a landlords' market?
Palta: The market conditions depend on the arealocation. We have some very high-demand submarkets and some thatare less so. Pricing is back to record levels. I've heard quotes onclass A product rents at $55 to $65 per square foot, which isunheard of. The flip side is that it's a tenant's market for classC product.
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