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Navigating The Impact of Tariffs on Commercial Real Estate
On April 2, 2025, President Donald Trump proposed a sweeping set of tariffs on imports from more than 90 countries. These new measures—stacked atop previously announced 10% tariffs on all U.S. imports—are already prompting shifts across the commercial real estate...
Mayor Deegan announces efforts to streamline civil plan review process
JACKSONVILLE, Fla. – The City of Jacksonville announced new efforts on Thursday it says will help streamline the civil plan review process. This process includes a technical review of the horizontal construction aspects of development projects, according to the...
Retail sales pop as consumers rush to buy goods ahead of tariffs
Recent gains appear to be transitory as consumers are expected to pull back on future spending. According to U.S. Census Bureau data, retail sales jumped significantly in March, with nominal and inflation-adjusted sales posting their strongest year-over-year gains...
Latest Update on Jacksonville’s Regency Mall
New details are surfacing regarding the potential redevelopment of the aging Regency Square Mall. A preliminary name for the project has been introduced. The Nexus at Regency—along with a proposed scope: 11 commercial outparcels at the northwest corner of...
Commercial Real Estate News 2025 Quarter 1
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...
6 reasons to be hopeful about commercial real estate investment in 2025
As we embark upon 2025, we remain in the middle of a massive transition in the investment landscape. The momentum of the distant past (where unusually low interest rates helped propel growth, asset appreciation, and easy leverage) has faded, replaced by a more...
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