Tag Archives: Jacksonville Office Market

Shifts in Jacksonville’s Office Market: Q&A

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This is an unprecedented time for Jacksonville’s office market as large amounts of new Class A office space come online and major capital markets transactions in Downtown are generating more office activity than the region has experienced in the past decade.

We sat down with JLL Executive Vice President Michael Loftin to find out what is driving all this new activity and why the market is showing no signs of slowing down.

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Central and North Florida office markets see gains in absorption, rents

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Primary office markets in Central and North Florida continue to show signs of economic growth. Strong investor interest is transforming downtown areas with new housing developments, and as office absorption and rental rates rise to peak levels, new office product is expected to follow. In secondary markets recovery is slower, but there are early indications of growth in tenant demand.

JLL’s Q4 to produce an overview of key trends driving the Orlando,… Read More

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

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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… Read More