The U.S. market was stable during the fourth quarter of 2019. Absorption was positive and modestly stronger that the quarter prior, but it decelerated compared with the nation's performance during the fourth quarter of 2018. Asking rent rose 1.3% compared with the fou...

The U.S. industrial market experienced continued growth in 2019, as significant demand continues to drive asking rents higher while vacancy remains low. Absorption did moderate in 2019, partly in response to a lack of available product as well as concerns about the glo...

April 1, 2020

Newmark Knight Frank is dedicated to providing unique insight and analysis to clients and colleagues, particularly during challenging times. They have developed the 'COVID-19 Perspectives Website', a compilation of resources designed to assist in your understanding of...

March 26, 2020

Newmark Phoenix Realty Group is pleased to have represented True North Investment and Real Capital Solutions in the successful lease of 256,430sf at 4627 JP Hall Boulevard.  This is a prime example of the Landlord being creative to fit the needs of its existing tenant...

March 10, 2020

Welcoming Joe Scavetto to Newmark Phoenix Realty Group, Inc.

Local Industrial Rents Have Grown by Almost 8% in the Past Year! 

After besting the nation in 2019, rent growth in the Jacksonville industrial market continues to lead the pack early in 2020.

The 7.9% rent growth seen over the past 12 months is more than 300 basis...