Total vacancy sits at 19.2%, driven by Comcast, Guidewell and Truist vacating space in Q2 2021.
The sale of investment-grade properties during the first half of 2021 totaled approximately $108.9 million across 976,000 sq. ft compared to $335.2 million across 1.8 million sq. ft. during the same period in 2020.
According to the Bureau of Labor Statistics, the unemployment rate in May was 4.2%, a 680 bps decrease year-over-year for Jacksonville. The rate is down from 11.5% in April 2020.