Industrial Market Trends

Jacksonville’s industrial market continues to demonstrate long-term strength, even as short-term conditions shift. Q2 2025 data shows a market that is absorbing significant new supply while remaining fundamentally supported by infrastructure investment, port activity, and population growth. Over the past five years, Jacksonville has added more than 20 million square feet of industrial space. That pace of development has naturally introduced friction into the market, with vaca

When a major player like Amazon invests in industrial real estate, it signals strong market confidence and growth potential. Recently, Mike Salik, CCIM, of Matthews Real Estate Investment Services in Jacksonville, FL, played a key role in a significant transaction involving a 59,669-square-foot heavy industrial property in Panama City, FL. This deal, valued at $5.9 million, highlights the growing demand for industrial spaces tailored to e-commerce giants like Amazon. Amazon h