Market Analysis

The facility at 7 and 9 W. Tower Circle was purchased by Thoroughbred Classics, LLC, owned by Daytona Beach resident Rick Cordes.

https://www.matthews.com/properties/leasing-10416-new-berlin-road-jacksonville-fl If you're searching for industrial space in Jacksonville that offers more than just four walls and a loading door, opportunities like this don't come along often. I'm excited to introduce a rare single-tenant industrial facility now available for lease at 10416 New Berlin Road in Jacksonville's highly desirable Oceanway logistics corridor. Offering approximately 18,705 square feet, including 16,

One my projects recently featured in the Jacksonville Daily Record regarding a manufacturing user evaluating the former Southeast Toyota Distributors facility at 8040 Bayberry Road in Jacksonville. The article highlights a trend we're seeing across Northeast Florida: manufacturers continue exploring large-scale industrial facilities that offer strong logistics access, workforce availability, and utility infrastructure capable of supporting production operations. In this parti

JACKSONVILLE INDUSTRIAL MARKET TRUTH The Market Isn't Standing Still

https://www.matthews.com/insights/jacksonville-industrial-q1-26 Most people are reading Jacksonville’s industrial market wrong right now. Vacancy is up. New supply hit. And the assumption is simple: Demand is slowing. It isn’t. Jacksonville has entered a supply digestion phase, not a demand contraction. Following a wave of 2025 deliveries totaling over 5M SF, vacancy has increased- but leasing activity and rent levels remain intact. Leasing activity remains strongest in the 5

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