Jax Office Asking Rates Highest in Years!

Yes- That is correct!

Jacksonville rents are up 6.2% from last year and on par with increases in Miami. The reason for the increase is because of the lack of Class A space in the suburbs. Rates should continue to increase in that area.

Tenants can still get good deals at Class A space downtown and at select properties in the suburbs, but the tide is changing.

Below is a report with some great information on rates and construction across the state of Florida.