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ORLANDO- After a dismal 2009, the Central Florida office market showed signs of bottoming out in first quarter 2010. Vacancy rates seemed to be stabilizing after three years of increases and decreasing tenant demand, according to Colliers Arnold’s “Insights on the Market,” a first quarter 2010 report.

Among the submarkets where demand picked up during this period were downtown Orlando, Maitland and East Orange. While overall absorption was negative during the first quarter, tenant interest seems to have increased, which means that in the quarters ahead, positive absorption may be expected, according to the report.

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