• Jacksonville’s retail vacancy rates decreased 40 basis points (bps) year-over-year from 4.4% in Q2 2018, down to 4.0% at the close of the quarter. 
  • Average asking lease rates increased 6.1% recording $14.38 at the close of Q2 2019. 
  • Construction completions totaled 151,530 sf during Q2 2019 and 482,353 sf during the first half of 2019.