Figures
Jacksonville Office Figures - Q3 2023
October 4, 2023 5 Minute Read
Looking for a PDF of this content?
- Total vacancy sits at 21.3%. Occupancies by Medical Micro Instruments, Aerotek and Interactive Resources dropped vacancy 40 basis points compared to year-end 2022.
- According to Real Capital Analytics, the sale of investment-grade properties during the first nine months of 2023 totaled approximately $120.2 million across 989,253 sq. ft ($121.55 per sq. ft.) compared to $256.8 million across 2,371,673 sq. ft. ($108.29 per sq. ft.) during the same period in 2022.
- According to the Bureau of Labor Statistics, the unemployment rate in August was 3.2%, a 20 basis point increase compared to the year ago period for Jacksonville. The rate is down from 10.8% in April 2020. The rate compares to Florida (2.7%) and the U.S. (3.8%).