A leading global commercial real estate company is expecting the northern Florida industrial market to have occupancy levels and market rents soften modestly moving forward. The projection is reflective of the continued introduction of supply and slightly muted demand in the region.

Colliers International expects this outcome as the reopening of the economy in the late second quarter has calmed investor’s nerves and led to an increase in activity in the north Florida industrial market since April due to the challenges inflicted by the coronavirus.

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Michael A. Mora

Michael was born and raised in South Florida. He went to undergrad at Florida Atlantic University and earned his master's degree from the Columbia University Graduate School of Journalism. He is a litigation reporter for the Daily Business Review, as well as an editor for ALM Global. You can email him at [email protected].

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