JACKSONVILLE, FL., – December 19, 2022 – NAI Hallmark announces the sale of The Palms at 2800 Apartments at a price of $29,000,000. The 168-unit multifamily property is located at 2800 University Boulevard South in the Southside submarket of Jacksonville, Florida. Senior Vice President John Rutherford and Vice President Luke McCann brokered the [...]

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JACKSONVILLE, FL., – December 19, 2022 – NAI Hallmark announces the sale of The Palms at 2800 Apartments at a price of $29,000,000. The 168-unit multifamily property is located at 2800 University Boulevard South in the Southside submarket of Jacksonville, Florida. Senior Vice President John Rutherford and Vice President Luke McCann brokered the [...]

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JACKSONVILLE, FL., – November 22, 2022 – NAI Hallmark, a leading commercial real estate brokerage and property management firm in Jacksonville, announced it recently secured a new retail lease on behalf of AMJ Group, Inc. Another Broken Egg signed a lease for 3,800 square feet with an outdoor patio at Plantation Crossing located [...]

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JACKSONVILLE, FL., – November 22, 2022 – NAI Hallmark, a leading commercial real estate brokerage and property management firm in Jacksonville, announced it recently secured a new retail lease on behalf of AMJ Group, Inc. Another Broken Egg signed a lease for 3,800 square feet with an outdoor patio at Plantation Crossing located [...]

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JACKSONVILLE, FL., – November 10, 2022 – NAI Hallmark, leasing agent for EastGroup Properties Inc. (NYSE:EGP) representing their industrial portfolio for the Southside of Jacksonville, Florida, announced today that it has completed a ten (10) year lease renewal for Baker Distributing Co. in Flagler Center at 14610 Breakers Road in Jacksonville, FL 32258. [...]

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JACKSONVILLE, FL., – November 10, 2022 – NAI Hallmark, leasing agent for EastGroup Properties Inc. (NYSE:EGP) representing their industrial portfolio for the Southside of Jacksonville, Florida, announced today that it has completed a ten (10) year lease renewal for Baker Distributing Co. in Flagler Center at 14610 Breakers Road in Jacksonville, FL 32258. [...]

The post NAI Hallmark Renews Lease with Baker Distributing Co. for 151,200 SF Facility in Jacksonville, FL appeared first on NAI Hallmark.

JACKSONVILLE, FL – November 3, 2022 – NAI Hallmark, a leading commercial real estate brokerage and property management firm in Jacksonville, announces the sale of 1353 Atlantic Boulevard in Neptune Beach, Florida (Jacksonville MSA) for $3,150,000. NAI Hallmark Managing Partner, Keith Goldfaden and Senior Vice President of Investment Sales, Daniel Burkhardt brokered the transaction on [...]

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JACKSONVILLE, FL – November 3, 2022 – NAI Hallmark, a leading commercial real estate brokerage and property management firm in Jacksonville, announces the sale of 1353 Atlantic Boulevard in Neptune Beach, Florida (Jacksonville MSA) for $3,150,000. NAI Hallmark Managing Partner, Keith Goldfaden and Senior Vice President of Investment Sales, Daniel Burkhardt brokered the transaction on [...]

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Featured in this quarter's Jacksonville Market report: Read exclusive insights from NAI Hallmark brokers on Jacksonville's biggest sectors. Learn about the major leases and sales closed over the last quarter. See tables and graphs of historical asking rates, vacancy rates, and absorption. Discover what big news is happening [...]

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Featured in this quarter's Jacksonville Market report: Read exclusive insights from NAI Hallmark brokers on Jacksonville's biggest sectors. Learn about the major leases and sales closed over the last quarter. See tables and graphs of historical asking rates, vacancy rates, and absorption. Discover what big news is happening [...]

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Over 162,727 SF of new leases have been completed representing the landlord. JACKSONVILLE, FL., – November 1, 2022 – NAI Hallmark, a leading commercial real estate brokerage and property management firm in Jacksonville, proudly announces that San Marco East Plaza, 3563 Philips Highway in Jacksonville, FL is now 100% leased. NAI Hallmark’s Managing [...]

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Over 162,727 SF of new leases have been completed representing the landlord. JACKSONVILLE, FL., – November 1, 2022 – NAI Hallmark, a leading commercial real estate brokerage and property management firm in Jacksonville, proudly announces that San Marco East Plaza, 3563 Philips Highway in Jacksonville, FL is now 100% leased. NAI Hallmark’s Managing [...]

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“Similar to other metros, the Jacksonville MSA has experienced the effects of the current debt market, although its rent growth continues to outperform the majority of other markets based on a strong diverse economy (34,300 jobs added YoY 3Q 2022), a growing population and a cost of living that continues to be lower than the national average.”

Senior Vice President, Multifamily Investment Sales

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“Similar to other metros, the Jacksonville MSA has experienced the effects of the current debt market, although its rent growth continues to outperform the majority of other markets based on a strong diverse economy (34,300 jobs added YoY 3Q 2022), a growing population and a cost of living that continues to be lower than the national average.”

Senior Vice President, Multifamily Investment Sales

Download Our Exclusive Jacksonville Multifamily Report

Read the latest news on changes to the market, available listings, recent market transactions.

JACKSONVILLE, FL – October 12, 2022 – NAI Hallmark, a leading commercial real estate brokerage and property management firm in Jacksonville, announces the sale of 4010 Deerpark Boulevard in Elkton, Florida (Jacksonville MSA) for $5,100,000. NAI Hallmark Managing Partner, Keith Goldfaden and Senior Vice President of Investment Sales, Daniel Burkhardt brokered the transaction [...]

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JACKSONVILLE, FL – October 12, 2022 – NAI Hallmark, a leading commercial real estate brokerage and property management firm in Jacksonville, announces the sale of 4010 Deerpark Boulevard in Elkton, Florida (Jacksonville MSA) for $5,100,000. NAI Hallmark Managing Partner, Keith Goldfaden and Senior Vice President of Investment Sales, Daniel Burkhardt brokered the transaction [...]

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JACKSONVILLE, FL., – September 26, 2022 – NAI Hallmark, a leading commercial real estate brokerage and property management firm in Jacksonville, announces the sale of 1111 Beville Road, Daytona Beach, FL 32119. Vice President Austin Kay with NAI Hallmark, represented the Seller in the $1,000,000 sale to Caliber Car Wash. This outparcel property [...]

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JACKSONVILLE, FL., – September 26, 2022 – NAI Hallmark, a leading commercial real estate brokerage and property management firm in Jacksonville, announces the sale of 1111 Beville Road, Daytona Beach, FL 32119. Vice President Austin Kay with NAI Hallmark, represented the Seller in the $1,000,000 sale to Caliber Car Wash. This outparcel property [...]

The post NAI Hallmark Announces Sale of Former Sam’s Club Outparcel in Daytona for $1,000,000 appeared first on NAI Hallmark.

Over 12,000 SF of new leases have been completed representing the landlord. JACKSONVILLE, FL., – September 23, 2022 – NAI Hallmark, a leading commercial real estate brokerage and property management firm in Jacksonville, proudly announces that The MountainStar Capital Building, 5000 Sawgrass Village Circle in Ponte Vedra Beach, FL is now 100% leased. [...]

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Over 12,000 SF of new leases have been completed representing the landlord. JACKSONVILLE, FL., – September 23, 2022 – NAI Hallmark, a leading commercial real estate brokerage and property management firm in Jacksonville, proudly announces that The MountainStar Capital Building, 5000 Sawgrass Village Circle in Ponte Vedra Beach, FL is now 100% leased. [...]

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JACKSONVILLE, FL., – September 19, 2022 – NAI Hallmark, exclusive leasing agent for San Marco East Plaza announced today that it has completed a lease that will expand RF-SMART at 3563 Philips Highway in Jacksonville, FL. San Marco East Plaza is a 7 building 369,000 square foot suburban office complex located at the [...]

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JACKSONVILLE, FL., – September 19, 2022 – NAI Hallmark, exclusive leasing agent for San Marco East Plaza announced today that it has completed a lease that will expand RF-SMART at 3563 Philips Highway in Jacksonville, FL. San Marco East Plaza is a 7 building 369,000 square foot suburban office complex located at the [...]

The post NAI Hallmark Secures Expansion Lease with RF-SMART for Additional 11,985 SF appeared first on NAI Hallmark.

JACKSONVILLE, FL., – September 12, 2022 – NAI Hallmark, a leading commercial real estate brokerage and property management firm in Jacksonville, announces the sale of Westbury River Estates, a 345.95 acre plot of agricultural land located at 1747 South State Road 19, Palatka, FL 32177. NAI Hallmark Vice President of Land & Development [...]

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JACKSONVILLE, FL., – September 12, 2022 – NAI Hallmark, a leading commercial real estate brokerage and property management firm in Jacksonville, announces the sale of Westbury River Estates, a 345.95 acre plot of agricultural land located at 1747 South State Road 19, Palatka, FL 32177. NAI Hallmark Vice President of Land & Development [...]

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JACKSONVILLE, FL., – September 8, 2022 – NAI Hallmark, a leading commercial real estate brokerage and property management firm in Jacksonville, announces the sale of 750 Cassat Avenue, Jacksonville, FL 32205 (the “Property”). Vice President Austin Kay with NAI Hallmark, represented the Seller and John Cole with Foundry Commercial represented the Buyer, ServPro [...]

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JACKSONVILLE, FL., – September 8, 2022 – NAI Hallmark, a leading commercial real estate brokerage and property management firm in Jacksonville, announces the sale of 750 Cassat Avenue, Jacksonville, FL 32205 (the “Property”). Vice President Austin Kay with NAI Hallmark, represented the Seller and John Cole with Foundry Commercial represented the Buyer, ServPro [...]

The post NAI Hallmark Announces Sale of a 32,198 SF Retail Junior Box for $3,260,000 appeared first on NAI Hallmark.

JACKSONVILLE, FL., – August 19th, 2022 – NAI Hallmark announces the sale of Stonemont Village at a price of $13,000,000. The 89-unit multifamily property is located at 2930 Stonemont Street in Jacksonville, Florida. Vice President Luke McCann and Senior Vice President John Rutherford brokered the transaction on behalf of Huber Equity Group, the [...]

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JACKSONVILLE, FL., – August 19th, 2022 – NAI Hallmark announces the sale of Stonemont Village at a price of $13,000,000. The 89-unit multifamily property is located at 2930 Stonemont Street in Jacksonville, Florida. Vice President Luke McCann and Senior Vice President John Rutherford brokered the transaction on behalf of Huber Equity Group, the [...]

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JACKSONVILLE, FL., – August 18, 2022 – NAI Hallmark, a leading commercial real estate brokerage and property management firm in Jacksonville, announces the sale of 495 Town Plaza Avenue in Ponte Vedra, Florida for $2,285,000. NAI Hallmark Senior Vice President Daniel Burkhardt, SIOR, CCIM, MSRE represented the seller, TPUB Properties. The Property totals [...]

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JACKSONVILLE, FL., – August 18, 2022 – NAI Hallmark, a leading commercial real estate brokerage and property management firm in Jacksonville, announces the sale of 495 Town Plaza Avenue in Ponte Vedra, Florida for $2,285,000. NAI Hallmark Senior Vice President Daniel Burkhardt, SIOR, CCIM, MSRE represented the seller, TPUB Properties. The Property totals [...]

The post NAI Hallmark Announces Sale of 4,532 SF Single Tenant Office for $2,285,000 appeared first on NAI Hallmark.

“The Jacksonville MSA continues to outperform the majority of markets nationwide with its 20% rent growth, affordable 18% rent-to-income ratio, and 96% market-wide occupancy. Additionally, with recent job growth data exceeding expectations at 37,000+ new jobs and the greatest percentage of that growth being concentrated in the professional and business services sector, we’re forecasting continued growth in all facets of the multifamily investment market in North Florida.”

Senior Vice President,

“The Jacksonville MSA continues to outperform the majority of markets nationwide with its 20% rent growth, affordable 18% rent-to-income ratio, and 96% market-wide occupancy. Additionally, with recent job growth data exceeding expectations at 37,000+ new jobs and the greatest percentage of that growth being concentrated in the professional and business services sector, we’re forecasting continued growth in all facets of the multifamily investment market in North Florida.”

Senior Vice President, Multifamily Investment Sales

Download Our Exclusive Jacksonville Multifamily Report

Read the latest news on changes to the market, available listings, recent market transactions.

JACKSONVILLE, FL., – August 1, 2022 – NAI Hallmark, leasing agent for EastGroup Properties Inc. (NYSE:EGP) representing their industrial portfolio for the Southside of Jacksonville, Florida, announced today that it has completed a lease that will bring Cenntro Auto to Beach Boulevard Distribution Center at 11840 Beach Boulevard. The 46,000-square-foot multi-tenant showroom warehouse [...]

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JACKSONVILLE, FL., – August 1, 2022 – NAI Hallmark, leasing agent for EastGroup Properties Inc. (NYSE:EGP) representing their industrial portfolio for the Southside of Jacksonville, Florida, announced today that it has completed a lease that will bring Cenntro Auto to Beach Boulevard Distribution Center at 11840 Beach Boulevard. The 46,000-square-foot multi-tenant showroom warehouse [...]

The post NAI Hallmark Secures Lease with Cenntro Auto for 12,000 SF Showroom in Jacksonville, FL appeared first on NAI Hallmark.

JACKSONVILLE, FL., – July 28, 2022 – NAI Hallmark, a leading commercial real estate brokerage and property management firm in Jacksonville, announces the sale of CVS in Columbus, GA for $4,950,000. NAI Hallmark Senior Vice President Daniel Burkhardt, SIOR, CCIM, MSRE and Managing Partner Jonathan G. Heldenbrand represented the seller, along with Rex [...]

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JACKSONVILLE, FL., – July 28, 2022 – NAI Hallmark, a leading commercial real estate brokerage and property management firm in Jacksonville, announces the sale of CVS in Columbus, GA for $4,950,000. NAI Hallmark Senior Vice President Daniel Burkhardt, SIOR, CCIM, MSRE and Managing Partner Jonathan G. Heldenbrand represented the seller, along with Rex [...]

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JACKSONVILLE, FL., – July 20th, 2022 – NAI Hallmark announces the sale of Lake Park Colonial at a price of $6,250,000. The 54-unit multifamily property is located at 1865 Edgewood Avenue West in Jacksonville, Florida. Vice President Luke McCann and Senior Vice President John Rutherford brokered the transaction on behalf of GAN Realty, [...]

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JACKSONVILLE, FL., – July 20th, 2022 – NAI Hallmark announces the sale of Lake Park Colonial at a price of $6,250,000. The 54-unit multifamily property is located at 1865 Edgewood Avenue West in Jacksonville, Florida. Vice President Luke McCann and Senior Vice President John Rutherford brokered the transaction on behalf of GAN Realty, [...]

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JACKSONVILLE, FL., – July 25, 2022 – NAI Hallmark, a leading commercial real estate brokerage and property management firm in Jacksonville, announces the sale of Millennium Business Center located at 11744 Beach Boulevard, Jacksonville, FL. NAI Hallmark Managing Partner Keith Goldfaden and Senior Vice President Daniel Burkhardt, SIOR, CCIM, MSRE, represented the seller, [...]

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JACKSONVILLE, FL., – July 25, 2022 – NAI Hallmark, a leading commercial real estate brokerage and property management firm in Jacksonville, announces the sale of Millennium Business Center located at 11744 Beach Boulevard, Jacksonville, FL. NAI Hallmark Managing Partner Keith Goldfaden and Senior Vice President Daniel Burkhardt, SIOR, CCIM, MSRE, represented the seller, [...]

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JACKSONVILLE, FL., – July 5, 2022 – NAI Hallmark, a leading commercial real estate brokerage and property management firm in Jacksonville, announced they have represented US Chrome in the purchase of a 16,300 square foot industrial building located at 11315 Distribution Avenue East, Jacksonville, FL 32256 (the “Property”). Vice President Jason J. Purdy, [...]

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JACKSONVILLE, FL., – July 5, 2022 – NAI Hallmark, a leading commercial real estate brokerage and property management firm in Jacksonville, announced they have represented US Chrome in the purchase of a 16,300 square foot industrial building located at 11315 Distribution Avenue East, Jacksonville, FL 32256 (the “Property”). Vice President Jason J. Purdy, [...]

The post NAI Hallmark Represents US Chrome in Purchase of 16,300 SF Warehouse for $1,610,000 appeared first on NAI Hallmark.

JACKSONVILLE, FL., – July 6th, 2022 – NAI Hallmark announces the sale of Silversmith Creek Apartment Homes at a price of $21,050,000. The multifamily property is located at 7211 Crane Avenue, in Jacksonville, Florida. Senior Vice President John Rutherford and Vice President Luke McCann brokered the transaction on behalf of US Investing Group, [...]

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JACKSONVILLE, FL., – July 6th, 2022 – NAI Hallmark announces the sale of Silversmith Creek Apartment Homes at a price of $21,050,000. The multifamily property is located at 7211 Crane Avenue, in Jacksonville, Florida. Senior Vice President John Rutherford and Vice President Luke McCann brokered the transaction on behalf of US Investing Group, [...]

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JACKSONVILLE, FL., – June 17th, 2022 – NAI Hallmark, a leading commercial real estate brokerage and property management firm in Jacksonville, announced they have represented Faropoint in the purchase of a 135,095 SF industrial distribution facility located at 3333 North Canal Street, Jacksonville, FL 32209 (the “Property”). Senior Vice President Daniel Burkhardt, SIOR, [...]

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JACKSONVILLE, FL., – June 17th, 2022 – NAI Hallmark, a leading commercial real estate brokerage and property management firm in Jacksonville, announced they have represented Faropoint in the purchase of a 135,095 SF industrial distribution facility located at 3333 North Canal Street, Jacksonville, FL 32209 (the “Property”). Senior Vice President Daniel Burkhardt, SIOR, [...]

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