Q1 2018 Market Report: Submarkets in Northwest Florida

By Maggie Whittemore | Marketing Manager

The first quarter of 2018 kicked off the year pretty well in commercial real estate. Our market experts have worked diligently to create a report that focuses on some of the markets and submarkets we do business in. This market report focuses on retail and office space of our submarkets in Northwest Florida. Our experts dive deep into Pensacola and Tallahassee in this issue to give an in-depth update on their submarkets with specific statistics and intelligence. Get confirmed inventory, vacancy, asking rents, top deals and future outlooks of these areas.

Submarkets include:

• Downtown, Cordova and University in Pensacola
• Downtown, Northeast and Southwood in Tallahassee

Our team collects this information from providers such as CoStar & Gulf Coast CMLS, along with data obtained through our database on active market leasing and sales. We also give opinions on leasing based on the current activity in the market. This report reflects recent trends in these markets that our team is actively engaged in. We are not only pulling this data from real estate tools and platforms, our team is validating and comparing the statistics to what we are seeing. See the range of rents, vacancies and inventory in these specific areas compared to the larger market as a whole to get a better grasp on recent transactions and trends.

Since 1981, top-level executives and business professionals throughout Northwest Florida have relied on us to provide relevant market intelligence and advice. We are determined to make this information even more transparent and available to our clients and our community to ensure their success. This report will be a quarterly issue that benefits, owners, investors, real estate professionals, developers, business professionals and entrepreneurs in gaining knowledge on our submarkets in Northwest Florida.

Sold yet? Download the digital version below! Look for these after each quarter to stay involved in the market and submarket trends of Northwest Florida. Have questions? Contact us at 850.477.7044 or info@teambeck.com.