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Jacksonsville Downtown Vacancy
26% of downtown Jacksonville office space was vacant in 2023, far more than other big Florida citiesJACKSONVILLE, Fla. – When John Mizell walks his dog downtown, he says there isn’t much to see. “It’s missing stores,” he said. He remembers better days in the...
How the Presidential Election Results Could Transform Jacksonville’s Commercial Real Estate Market
The 2024 presidential election has ushered in a new era for the United States, with President-elect Donald Trump set to begin his second term. This political shift is poised to have significant implications for various sectors, including commercial real estate in...
Commercial Real Estate News 2024 Quarter 4
Hillis Properties is a well-established Jacksonville Commercial Real Estate brokerage offering comprehensive services in the Industrial, Retail, Office, and Land asset classes. We are passionate about guiding our clients through the processes of buying, selling, and...
10 Different Types of Commercial Real Estate Loans
Structuring a commercial real estate deal is a tall order, especially when it comes to securing financing, as commercial mortgages are structured differently than a traditional residential mortgage. That’s why it’s important to understand the 10 major different types...
The Impact of Federal Reserve’s Rate Cuts on the Jacksonville Commercial Real Estate Market
The Federal Reserve’s decisions regarding interest rates have far-reaching implications for various sectors of the economy, including commercial real estate. The recent rate cuts have triggered a wave of analysis across markets, and the Jacksonville commercial real...
How do I value a commercial real estate property?
Here are the four main ways that commercial real estate is valued. When determining the value of residential real estate, investors have a pretty easy time. You simply log into the MLS or check Zillow for comparable properties in the area and utilize the price...
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