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Jacksonville, Florida, leads the nation for industrial rent growth heading into 2025

The pace of annual rent growth nearly 10%; more than triple the national average
CoStar Analytics
November 25, 2024 | 3:02 P.M.

Jacksonville has often been overshadowed by larger Florida markets including Miami, Orlando and Tampa, but its industrial sector has been punching above its weight for the last few years. The fast-growing city is positioned at the nexus of several major interstate systems, has a substantial rail transit network, and its port provides a global gateway to Florida. Additionally, nearly 100 million U.S. consumers can be reached by a distribution truck within a one-day drive giving it a competitive advantage.

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