MIAMI—The Port of Jacksonville ranks 15th in North America. That's according to a recent CBRE report that measures the port's infrastructure capabilities against the strength of the city's industrial market. In other news, Fitch Ratings recently affirmed its A rating on the Jacksonville Port Authority, Florida's bonds. The rating outlook is stable.

Beyond these kudos, though, what is going on at JaxPort? After losing a big deal in 2013, how is the Port Authority moving to rebound?

GlobeSt.com caught up with Monte Merritt, senior director with Franklin Street's Jacksonville office, He focuses on landlord and tenant representation in the office and industrial sectors and has completed over 4 million square feet in transactions throughout the North Florida area in the past 20 years.

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