Tag Archives: Jacksonville CRE

Jacksonville’s Retail Rebound

0 CommentsBy

Of all of Florida’s major cities, Jacksonville has struggled the most to recover from the economic recession of the mid-2000s. But now a surge in new development, rise in population and consecutive quarters of growth have led to an occupancy rate of 92.1%, which has breathed new life into Jacksonville’s retail market. This shift in dynamics means that Jacksonville is enthusiastically bouncing back to pre-recession levels.

Three Key Questions: JLL’s Kaycee Gardner Reveals What’s Ahead for Jacksonville’s Office Market

1 CommentBy

JLL Florida reached out to Kaycee Gardner to answer three key questions on what’s ahead for Jacksonville’s office market.

Kaycee Gardner, Vice President

Kaycee Gardner, Vice President

JLL: What are the factors driving office leasing activity in Jacksonville’s key submarkets?
Gardner: With economic conditions improving across the country and business confidence significantly increasing, the Jacksonville office market is gaining momentum… Read More

The state of the economy and office market in Florida is much stronger than one year ago

0 CommentsBy

A closer look at the Florida office market – Q3 2014. The positive momentum continued across Florida during the third quarter of 2014 as 202,500 jobs were added over the last 12 months, a year-over-year gain of 2.7 percent.

Orlando aerial image

Downtown Orlando

The six primary metro areas had compelling growth adding over three fourths of these statewide jobs in the past year.

Given the… Read More