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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...
Office Leasing Bounce Back
Finally, some good news for the commercial real estate industry A report from JLL found that U.S. office recovery has reached a post-pandemic high. The commercial real estate industry finally has something to celebrate. A new report from JLL found that U.S....
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...
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