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 and helping to accommodate their growth. We only have 79,000sf remaining for lease, so please contact us if you have any interest."
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 points stronger than the national average. Rent mobility over that time was aided by the high levels of industrial demand in Jacksonville. The market is well-placed along Interstate 95, and Jacksonville Port serviced nearly 11 tons of cargo in 2019 and is being deepened to allow for larger ships in the future. The market's vacancy rate is below 5% following a steep compression. In fact, market vacancy only recently increased after s
What makes the seven counties of Northeast Florida unique for business? Low taxes and cost of living, infrastructure, education, quality of life and talent for starters. Businesses can find success and growth in our region. Let JAXUSA show you how. What makes the seven counties of Northeast Florida unique for business? Low taxes and cost of living, infrastructure, education, quality of life and talent for starters. Businesses can find success and growth in our region. Let JAXUSA show you how. www.JAXUSA.org
Congratulations Bryan Bartlett on another great sale. Bryan represented the Owner in the sale of 109 Stevens Street.
