Q4 Office Market Report 2018

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The Jacksonville office market remains steady. Last quarter, the vacancy rate dropped 20 bps to 7.8%, while average rents declined slightly to $19.55, according to CoStar. The reduction in average rent does not align with our experience, as rents have been edging higher for some time now. We consider this more of a statistical anomaly than something more concerning.

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Q4 Office Market Report 2018

Download Report