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Cushman & Wakefield's report Demographic Shifts: The World in 2030 analyzes the seismic shifts in international workforces as 693 million Baby Boomers reach retirement age and 1.3 billion Gen Zers begin working.
1407 Texas St. will be vacated in this quarter by its current tenant, Simpli.fi, which will immediately position the property for perspective owners and tenants, and marketing efforts will then be relaunched.
The eight-story office building at 2417 Third Ave. in Mott Haven sits along the waterfront and is slated to benefit from strong appreciation in the burgeoning market.
"Jacksonville continues to have an abundance of value-add opportunities coming on market, which has put the metro on the top of many buyer's target lists right now."
The Northeast industrial region, with more than 30.6 million consumers and more than a third of the nation's population within an eight-hour drive, has been a primary focus of industrial activity.
Bridge Investment Group, a privately-held real estate investment management firm, plans to complete a capital deployment of $4.5 billion of equity over the next three years.