Search
 

Middle Market Digest: This Week in Florida

Here's a look at the trends, announcements and deals you may have missed this week in Florida.

By Jennifer LeClaire | Updated on November 10, 2017

This week in the Florida saw some noteworthy states out of Jacksonville’s office market. Meanwhile, there was significant action in many of Florida’s submarkets.

BY THE NUMBERS

At the close of the third quarter, office fundamentals in Jacksonville remained stable with a healthy 2.4 percentage point decline in the overall vacancy rate since year-end 2016 to a current 12.7%, and strong continued demand for quality space within the Interstate 95/9A Corridor where the direct weighted average asking rate is up $0.59 per square foot since the close of 2016. (Source: Avison Young)

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.