Figures

Jacksonville Industrial Figures - Q2 2024

July 2, 2024 5 Minute Read

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  • Total vacancy sits at 4.8%. Occupancies by Daiken, Trane, Just Floors, Ally Building Supplies and Lansing Building Products dropped vacancy 100 bps compared to Q2 2023.
  • According to RCA, the sale of investment-grade properties during the first half of 2024 totaled approximately $268.8 million across 3.0 million sq. ft ($89.36 per sq. ft.) compared to $235.0 million across 2.5 million sq. ft. ($94.38 per sq. ft.) during the same period in 2023.
  • According to the Bureau of Labor Statistics, the unemployment rate in May was 3.0%, a 20 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 (3.3%) and the U.S. (4.0%).