Chris Smith

Retail activity continued to flourish throughout the Orlando area as tourism and population increases saturated the retail market with heightened activity.

The quick bounce-back in the retail market was due to favorable market fundamentals, including projected population growth and the lifting of various government mandates

Central Florida’s retail market was active during the third quarter, with continued competition for space in core submarkets especially in superior first-generation Class A properties. Leasing activity remained high among national tenants, as well as among mom-and-pop retailers looking to expand by opening additional locations.