Figures
Jacksonville Industrial Figures - Q4 2023
January 5, 2024 5 Minute Read
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- Total vacancy sits at 4.5%. Occupancies by Sam’s Club, Primark, RoadOne Logistics, Fridababy, and Kenco Logistics dropped vacancy 40 bps compared to Q3 2023.
- According to RCA the sale of investment-grade properties during 2023 totaled approximately $685.5 million across 7.3 million sq. ft ($93.67 per sq. ft.) compared to $661.8 million across 7.8 million sq. ft. ($85.28 per sq. ft.) during the same period in 2022.
- According to the Bureau of Labor Statistics, the unemployment rate in November was 3.0%, a 50 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 (2.9%) and the U.S. (3.7%).