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News & Updates
Reduction in your Commercial Real Estate Leasing Tax Rate
Effective June 1, 2024, the state sales tax rate imposed under section 212.031, Florida Statutes (F.S.), on the total rent charged for renting, leasing, letting, or granting a license to use real property (also known as “commercial rentals”) is reduced from 4.5% to...
Jacksonville’s Market Pain in Leasing Small to Medium Size Industrial & Flex Space
Florida’s Industrial & Flex space market has done it again! If writing about rent growth in the Sunshine State could be set to music, it would be a case of the same song, second verse. An examination of all markets in the country with a total Industrial and Flex...
Commercial Real Estate News 2024 Quarter 2
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...
Understanding the 1031 Exchange: A Guide for Investors in Jacksonville, Florida
As a seasoned commercial real estate broker in Jacksonville, Florida, I've witnessed many investment strategies that have allowed investors to optimize their portfolios and financial outcomes. One of the most powerful tools available to real estate investors is the...
Mastering Commercial Lease Negotiations: A Tenant’s Guide
In the complex world of commercial real estate, entering a lease agreement as a tenant requires not only a keen understanding of your business needs but also an adept skill in commercial lease negotiations. Commercial leases can significantly impact your business's...
Strings Sports Brewery opening second location in Jacksonville Beach
Hillis Properties would like to formally welcome Strings Sports Brewery to Jacksonville Beach! Derick Thranhardt, Commercial Real Estate Advisor with Hillis Properties represented the Buyer and Seller in the acquisition of the former Terry’s Country Store located at...
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Jacksonville, FL Commercial Real Estate