We're currently preparing our Q3 office market report for the Jacksonville MSA. As a benchmark we use class "B" office and standardize everything to a full service equivalent.Our preliminary results show fully negotiated rents for the Jax MSA averaging $15.10/sf (see accompanying graph -- click on it to see a larger version). The Beaches / Ponte Vedra submarket has the highest average at $20.22/sf. Orange Park has the lowest at $13.62/sf.
Look for our complete office report that will be published in mid-September.
