2018 Q3 Northeast Florida Retail Market Report

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Regional Summary

Believe it or not, the Jacksonville retail market is as healthy as it has ever been. Occupancy and average rents are both at record levels (96% and $14.80/sf respectively), while construction is historically low. Since 1982, quarterly construction deliveries have dipped below one million square feet only ten times. Seven of those ten quarters came in the last eight years. 


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2018 Q3 Northeast Florida Retail Market Report

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