Orlando, FL (March 24, 2010) – The Central Florida Industrial Team of Matt Sullivan, CCIM and Wilson McDowell, CCIM have closed on nine industrial lease deals so far this year totaling over 200,000 SF, despite the sluggish industrial market.  “The industrial market continues to have its ups and downs with very little new absorption in the market,” Matt Sullivan remarks, “The bulk of the completed transactions involve existing Tenants moving around the market for better deals.”  Preliminary research indicates that we may see an uptick in overall absorption for the first quarter of 2010 but vacancy should continue to increase and more downward pressure on rents should remain.  With this in mind Wilson McDowell says, “The ability to be creative in structuring a deal that is mutually beneficial for the Landlord and the Tenant is becoming the recipe for success in this market.”

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