ORLANDO—Tourism and travel is once again making its mark onOrlando’s office market. Although the summer months have seenslower growth, travel and hospitality tenants have inked three ofthe largest office leases in Orlando so far this year.
Walt Disney Co. leased 100,500 square feet. Planet Hollywood’ssigned a 27,500-square-foot lease, and Priceline.com’s completed26,625-square-foot deal.
“Every part of the tourism and hospitalityindustry in Orlando is expanding,” YvonneBaker, a vice president at Jones LangLaSalle, tells GlobeSt.com. She pointed to Disney’s Artand Animation Resort and Universal Orlando building a new hotel onsite that should also drive more growth in the hospitalitysector--and trickle down to the office sector--through 2014.
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