Friday Feb 09, 2024
Jacksonville’s Industrial Real Estate Boom, Office Space Vacancies Decline, and Commercial Real Estate Investment Plummets
Northeast Florida commercial real estate: Industrial still setting records as a logistics center. Empty office buildings litter cities, but real estate expert says expect change soon. Commercial real estate investment plummeted to the lowest level since 2012 last year. Plus, the latest deals and transactions in the commercial real estate market.
Sources:
https://www.jaxdailyrecord.com/news/2024/feb/09/northeast-florida-commercial-real-estate-industrial-still-setting-records-as-a-logistics-center/
https://www.wunc.org/2024-02-08/empty-office-buildings-litter-cities-but-real-estate-expert-says-expect-change-soon
https://www.businessinsider.com/commercial-real-estate-investment-fell-to-lowest-since-2012-last-year-2024-2
https://businessden.com/2024/02/08/the-pipeline-commercial-real-estate-deals-for-2-9-24/
Outline:
(00:00:00) Introduction
(00:00:45) Northeast Florida commercial real estate: Industrial still setting records as a logistics center
(00:03:33) Empty office buildings litter cities, but real estate expert says expect change soon
(00:05:48) Commercial real estate investment plummeted to the lowest level since 2012 last year
(00:08:39) The Pipeline: Commercial real estate deals for 2.9.24