Figures
Jacksonville Industrial Figures - Q1 2024
January 5, 2024 5 Minute Read
Looking for a PDF of this content?
- Total vacancy sits at 4.3%. Occupancies by Stellar Energy, HD Supply, Terminal Warehouse, Publix, and GXO Logistics Supply dropped vacancy 20 bps compared to Q4 2023.
- According to RCA the sale of investment-grade properties during Q1 2024 totaled approximately $32.1 million across 253,480 sq. ft ($126.64 per sq. ft.) compared to $101.7 million across 990,641 sq. ft. ($102.69 per sq. ft.) during the same period in 2023.
- According to the Bureau of Labor Statistics, the unemployment rate in February was 3.3%, an 80 basis point increase compared to a year ago for Jacksonville. The rate is down from 10.8% in April 2020. The rate compares to Florida (3.1%) and the U.S. (3.9%).