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Jul 8, 20202020 Q2 Research and Forecast Report
The Gainesville office market has softened given the recent surge in uncertainty. Companies are reevaluating their current footprints, deciding whether to expand for social distancing or to downsize for work from home. Some industries, like technology, are better suited to work from home arrangements than other industries more focused on service and interpersonal relationships.Read More
Jul 8, 20202020 Q2 Northeast Florida Office Market Report
Jacksonville’s office market as well as the rest of the United States is in a time of uncertainty and has slowed down, and existing occupiers are reevaluating their footprints. In the Jacksonville market, few credit worthy tenants are asking for rent relief. Hardly any of these tenants are actually receiving it as landlords don’t see the economic necessity and are content letting their tenants make adjustments to their variable operating expenses first.Read More
Jul 8, 2020Q2 2020 Northeast Florida Retail Market Report
The state of the retail market in Jacksonville – as with most other markets across the country – is tentative. For now, vacancy and market rent remain largely unchanged. Grocers, drug stores, home improvement operations and even some restaurants that have been able to pivot to takeout models are thrivingRead More
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