Research

Forecasts for commercial real estate prices in 2020 and 2021 are expected to fall below the long-term average growth rate for the first time since 2011.

As vacancies decrease, rents rapidly increase in these select cities.

“Given Florida's maturity as a worldwide economic powerhouse in recent years, we have a unique opportunity to lead and chart a path to help Florida become that 'It' State—the place where dynamic and exciting innovations lead the way,” says Chris Corr, Florida Council of 100 Chair.

Personal income tax receipts for the year totaled $48.1 billion, a decline of $3.4 billion, or 6.6%, from 2017-18, primarily due to a decrease in estimated payments.

The industries with the highest growth over the year in the Orlando area in March were professional and business services with 19,100 new jobs and leisure and hospitality with 10,100 new jobs.

Atlanta saw 8.2 megawatts of net absorption in 2018. The city currently has a data center inventory of 126.8 megawatts, with 14 megawatts available that calculates out to an 11% vacancy rate.

Four markets in the State of Florida ranked among the top 15 in the nation for multifamily rent growth, the most of any state.

Net foreign investment in the DC office market fell into negative territory but JLL report author John Andril predicts foreign buyers will re-enter the market later this year.