The industrial real estate market in Jacksonville remains very tight, despite new deliveries in the third quarter. The industrial real estate marketin Jacksonville remains very tight, despite new deliveries in thethird quarter.

JACKSONVILLE, FL—As ribbon cuttings continue on new industrialconstruction projects in Jacksonville, Colliers International saysyou can expect vacancy rates and asking rents to continue toclimb.

The brokerage firm in its latest industrial market report forNortheast Florida states that in the third quarter the industrialvacancy rate increased approximately 150 basis points to 4.1% fromthe low recorded in late 2018.

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John Jordan

John Jordan is a veteran journalist with 36 years of print and digital media experience.

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