Phoenix Realty News
Thur, April 26 2012
Our president, JR Richardson wrote an article that was published in the April, 2012 Issue of the Southeast Real Estate Business Journal.
The dust seems to be settling in northeast Florida's industrial market after the recession. Sales are still down and asking prices continue to decline for traditional industrial properties, but institutional investors throughout the state seem to be in acquisition mode. While investors are looking, there are not many properties for sale. Despite the fact that Jacksonville is the third largest industrial market in Florida not many institutional-quality industrial properties come onto the market frequently. ...Read the full story