2025 Central Florida Commercial Real Estate Outlook
As we move into 2025, the Central Florida commercial real estate market continues to present exciting opportunities. The lessons learned in 2024 have set the stage for a year filled with potential, especially for those who know where to look. Here’s what I’ve seen happening in the market and where I think we’re heading this coming year. What We Learned in 2024 Industrial Strength in Sanford and ApopkaLast year, industrial properties remained a stronghold, with Sanford and Apopka standing out as key areas. With their access to major highways like I-4 and 429, these cities became magnets for logistics and distribution centers. Companies focused on streamlining their operations, and that trend is not slowing down. Lake Nona Leads the Charge in InnovationLake Nona has continued to redefine what it means to blend innovation, healthcare, and business. The growth in Medical City and tech-forward office spaces is proof that this area is setting the tone for what’s next in Central Florida. Retail Shift in Altamonte Springs and ClermontRetail spaces are no longer just about shopping. Altamonte Springs saw creative developments that combined dining, entertainment, and traditional retail. Clermont has stepped up as well, with new projects catering to a growing population of families and professionals. What to Watch for in 2025 Expanding Industrial Projects in Key AreasSanford and Apopka are continuing their rise as industrial powerhouses. The focus on distribution and e-commerce remains high, and developers are responding with new parks and facilities. If you’re considering investing in industrial properties, these cities should be on your radar. Lake Nona’s Next ChapterLake Nona is only getting bigger and better. With a focus on tech companies, healthcare innovation, and sustainable development, this area will remain a magnet for investment. Expect to see even more high-profile tenants and forward-thinking projects here in 2025. Downtown Orlando Reinventing Office SpaceOffice spaces in downtown Orlando are being reimagined. Older buildings are being transformed into vibrant, multi-purpose properties that offer work, live, and play options. This is a trend worth watching, especially as the demand for flexibility grows. Suburban Stars: Winter Garden and OviedoWinter Garden’s Horizon West continues to attract families and businesses, with new retail and entertainment spaces leading the way. Oviedo is gaining momentum too, with mixed-use developments that cater to its expanding community. Both cities are creating opportunities for investors and tenants alike. Clermont’s Continued RiseClermont’s population growth is driving demand for everything from retail to healthcare and office spaces. Developers are stepping in to meet that demand, making this city a key area to watch in 2025. Partnering with Gomez Commercial Group The Central Florida commercial real estate market is filled with opportunities, but it takes the right approach to make the most of them. At Gomez Commercial Group, we specialize in helping our clients navigate this dynamic market. Whether you’re looking to invest, lease, or develop, we’ll help you take the next step with confidence. Let’s make 2025 a year of smart moves and big wins. Reach out today and let’s talk about how we can work together. "At Gomez Commercial Group, we offer a unique program for real estate agents, that empowers you to gain comprehensive knowledge about commercial real estate while also advancing in the industry. Interested in tapping into the Commercial Industry? Request more information below, and I will personally reach out to discuss further." Mauricio Gomez | Director | Gomez Commercial Group | Norkis & Co. powered by LPT Realty
Read MoreWhy Orlando is a Prime Spot for Commercial Real Estate Investments
Orlando is no longer just a vacation hotspot—it has become a key player in the commercial real estate market. With a thriving economy, a growing population, and a mix of well-established and emerging industries, Orlando offers lucrative opportunities for investors, property owners, and businesses. Why Orlando is Booming Economic Growth: Orlando’s economy is expanding at a rate above the national average, thanks to a blend of industries like tech, healthcare, and logistics. The region is home to headquarters for companies like Darden Restaurants and Luminar Technologies, as well as the University of Central Florida, one of the largest universities in the country. Population Growth: Central Florida sees an influx of over 1,000 new residents every week. This rapid growth drives demand for retail, industrial, and residential-adjacent developments. Infrastructure Development: Projects like the I-4 Ultimate improvement plan and the expansion of Brightline high-speed rail increase accessibility, making Orlando an even more attractive hub for businesses. Commercial Real Estate Opportunities in Orlando Industrial Spaces: With Orlando’s central location and access to major highways like I-4, industrial properties are thriving. The growth of e-commerce has spiked demand for warehouses and distribution centers. Retail Properties: Areas like International Drive and Winter Park are bustling with retail activity, catering to both tourists and local residents. New mixed-use developments in neighborhoods like Lake Nona are drawing interest from retail investors. Office Spaces: The influx of startups and relocations from states like California and New York has increased the demand for flexible and modern office spaces in Downtown Orlando and surrounding areas. Development Land: Osceola and Seminole counties offer ample land for new projects, ranging from multi-family residential developments to commercial complexes near the region’s booming suburbs. Hospitality and Entertainment: With over 75 million visitors annually, Orlando remains a top market for hotel investments and entertainment-based developments. Why Partner with Gomez Commercial Group?At Gomez Commercial Group, we specialize in connecting clients with high-potential opportunities in Orlando and Central Florida. Our expertise in local market trends and deep network of contacts ensures your investment decisions are informed and strategic. We offer tools like lead generation workshops, training on the latest platforms, and networking events to help our agents and clients succeed. Orlando offers a dynamic market for commercial real estate investments, from retail and industrial spaces to land ready for development. If you are looking to explore opportunities in this thriving region, Gomez Commercial Group is here to help you navigate the market and achieve your goals. _______________________________________________________________________________________ "At Gomez Commercial Group, we offer a unique program for real estate agents, that empowers you to gain comprehensive knowledge about commercial real estate while also advancing in the industry. Interested in tapping into the Commercial Industry? Request more information below, and I will personally reach out to discuss further." Mauricio Gomez | Director | Gomez Commercial Group | Norkis & Co. powered by LPT Realty
Read More2025 Market Insights: Central Florida Commercial Real Estate
As 2024 comes to an end and 2025 rapidly approaches, the Central Florida commercial real estate market is poised for another year of growth and transformation. Reflecting on the past year, we’ve seen how resilience, innovation, and strategic planning have helped clients navigate challenges and seize opportunities. Let’s explore the lessons learned in 2024 and what we can expect in the coming year. Lessons from 2024 Flexibility Drives SuccessFrom retail to office spaces, tenants and investors prioritized flexibility. Businesses embraced adaptive lease agreements and multi-use spaces to meet changing needs. This trend has reinforced the importance of staying nimble in a competitive market. Industrial Demand Remains StrongThe industrial sector was a standout performer, fueled by e-commerce expansion and supply chain improvements. Locations like Sanford and Apopka continued to thrive as key logistics hubs. Suburban Growth Outpaces Urban ExpansionSuburban areas like Lake Nona and Winter Garden outshone urban cores in attracting new developments. With growing populations and an increased focus on quality of life, suburban markets proved they are here to stay. Sustainability Is a PriorityEnergy-efficient and environmentally conscious properties gained traction, appealing to both investors and tenants. Buildings with green certifications commanded higher demand, setting a standard for future projects. What’s Ahead for 2025 Increased Investment in Suburban and Secondary MarketsSuburban and secondary markets will continue to attract attention from investors looking for growth opportunities. Central Florida’s expanding infrastructure will drive activity in areas like Clermont and Oviedo. Tech and Healthcare Leading the WayTech companies and healthcare providers are fueling demand for state-of-the-art facilities. Properties offering modern amenities and proximity to major highways will see strong interest. Creative Solutions for Higher CostsRising construction costs and financing challenges will push developers and investors to explore innovative solutions, such as repurposing existing properties and pursuing partnerships to share expenses. Focus on Community-Oriented SpacesThe demand for mixed-use developments and community-focused commercial spaces is growing. Projects that combine retail, office, and residential components will appeal to tenants and consumers alike. Partner with Gomez Commercial Group | Norkis & Co powered by LPT Realty The Central Florida market is full of opportunities, and navigating it requires expertise and local insight. At Gomez Commercial Group, we’re committed to helping you succeed by offering tailored solutions and proactive guidance. Whether you’re looking to expand your portfolio or secure the ideal space for your business, we’re here to make your 2025 goals a reality. Ready to take the next step? Contact us today, and let’s make this year your most successful yet. "At Gomez Commercial Group, we offer a unique program for real estate agents, that empowers you to gain comprehensive knowledge about commercial real estate while also advancing in the industry. Interested in tapping into the Commercial Industry? Request more information below, and I will personally reach out to discuss further." Mauricio Gomez | Director | Gomez Commercial Group | Norkis & Co. powered by LPT Realty
Read MoreA Lesson Learned: My Eye-Opening Experience with a Commercial Real Estate Deal
A Lesson Learned: My Eye-Opening Experience with a Commercial Real Estate Deal In commercial real estate, every transaction is a story, and every story comes with a lesson. One deal in particular stands out as a defining moment in my career. It taught me the importance of diligence, adaptability, and the value of clear communication. Here's what happened—and what I learned. The Opportunity A few years ago, I was approached by a local entrepreneur looking to expand their chain of specialty coffee shops. They wanted a prime location in a growing area, but the budget was tight, and they were eager to move quickly to beat the competition. The property they had in mind was a corner lot in a bustling downtown district. It seemed perfect: great foot traffic, plenty of parking, and a landlord motivated to lease. The catch? The property needed significant tenant improvements to function as a coffee shop. On top of that, the landlord wasn’t offering much in terms of concessions. The Challenge As we dove into negotiations, the red flags started to appear: Unclear Lease TermsThe lease agreement included clauses that were vague and heavily favored the landlord. Terms regarding rent increases and responsibilities for maintenance were buried deep in the contract. Construction Costs and TimelineThe estimated cost of improvements began to climb as we consulted contractors. What initially seemed manageable soon ballooned into a financial burden for my client. Competing InterestsAnother potential tenant expressed interest in the property, which put pressure on us to make decisions faster than we were comfortable with. The Turning Point Midway through negotiations, I realized we were losing sight of the bigger picture. My client was so focused on securing the location that they overlooked the financial strain the deal could impose in the long run. I took a step back and had an honest conversation with them. I laid out the risks: the escalating construction costs, the unfavorable lease terms, and the potential for unexpected expenses down the road. I reminded them that while a good location is crucial, it’s not worth jeopardizing the stability of their business. The Outcome My client decided to walk away from the deal. At first, it felt like a loss for both of us. But just a few months later, we found another location. This one had a landlord willing to share the cost of improvements and a lease agreement that was much more tenant-friendly. The coffee shop opened smoothly, and today, it’s one of their most profitable locations. Looking back, it was the right decision to let go of the first property, even though it was tough at the time. The Lesson That transaction taught me a crucial lesson: never let emotions or urgency cloud your judgment in commercial real estate. It’s essential to weigh the risks and rewards with a clear, strategic mindset. Here’s what I’ve carried with me ever since: Due Diligence is Non-NegotiableEvery deal deserves a deep dive. Whether it’s lease terms, zoning requirements, or build-out costs, understanding the full picture can save you from costly surprises. Advocate for Your ClientAs an agent, my job is to ensure my client’s long-term success, even if it means advising against a deal that could earn me a quick commission. Adaptability is KeyWalking away from a deal isn’t a failure—it’s a pivot. Staying flexible opens the door to better opportunities. The Right Deal is Worth the WaitIn commercial real estate, patience often leads to outcomes that are not just good but great. Conclusion This experience reinforced my belief that commercial real estate is about more than just transactions; it’s about relationships, trust, and creating value for clients. At Gomez Commercial Group, we pride ourselves on taking the time to understand your goals and navigating challenges together to ensure you succeed. Have a commercial real estate challenge you need help solving? Let’s tackle it together. Reach out today! "At Gomez Commercial Group, we offer a unique program for real estate agents, that empowers you to gain comprehensive knowledge about commercial real estate while also advancing in the industry. Interested in tapping into the Commercial Industry? Request more information below, and I will personally reach out to discuss further." Mauricio Gomez | Director | Gomez Commercial Group | Norkis & Co. powered by LPT Realty
Read More
Categories
Recent Posts