Interviewer: Is there a local market trend you’re most excited about right now? Newmark Phoenix Realty Group: Definitely the industrial side. We’re seeing a good amount of vacant space at the moment, which might sound concerning, but it’s actually a great position to be in. When the market swings back—and it will—we’ll be ready to
Interviewer: What’s one of the most common mistakes businesses make when choosing a new space? Newmark Phoenix Realty Group: Choosing a space that’s too small. Companies often focus on current costs rather than where they’ll be five or seven years down the road. Before long, they’ve outgrown the space, and we’re scrambling to find short-term
Interviewer: What’s been the biggest change you’ve seen in the commercial or industrial real estate market this year? Newmark Phoenix Realty Group: Definitely on the office side—more companies are bringing employees back into the office. That’s been a positive trend for our industry. Interviewer: Are there any upcoming market trends you’re excited about next year?
Interviewer: What motivates you most about helping businesses find the right space? Newmark Phoenix Realty Group: The appreciation and the opportunity to build long-term relationships. When clients have a great experience, they come back—whether it’s time for a renewal or they’ve outgrown their current space. That kind of ongoing trust is what makes this work
Newmark Phoenix Realty Group leased space to the poultry hatchery technology company at the Northwest Jacksonville speculative warehouse. Read the full artical here: https://www.jaxdailyrecord.com/news/2025/aug/25/pas-reform-north-america-pioneers-park-295-landing-as-first-tenant/
“According to Newmark Group’s, 30.9 million square feet of office space was underway nationally in the first quarter of 2025, down materially from the 123.6 million square feet under construction in Q4 2019. And only 2.8 million square feet in construction starts was recorded by Commercial Edge in the first four months of 2025.”
50 concrete panels around the perimeter of the Jacksonville Cold facility have been installed. This 265,264SF Cold Storage Facilty is Available for Lease, and construction is expected to be completed in Q42024! With a clear height of 50’ in the cold storage area and 30’ in the cold dock, we’re gearing up to meet the
https://www.bizjournals.com/jacksonville/news/2024/06/19/jax-one-of-leading-nationwide-hot-spots.html?utm_source=st&utm_medium=en&utm_campaign=me&utm_content=JA&ana=e_JA_me&j=35768031&senddate=2024-06-19&empos=p2
±1,692 – ±10,180 RSF Office space available for lease! Fortune Plaza, a landmark Southpoint building, is highly visible from J. Turner Butler Blvd & I-95. This beautifully landscaped building has full furnished, turnkey options and includes an on-site café. Please contact Jeffrey Frandsen for more information.
In the latter half of 2024, the industrial landscape may be shaped by a new wave of domestic supply chain challenges coinciding with expectations for the highest import volumes in two years. READ MORE… https://www.nmrk.com/insights/thought-leadership/when-it-rains-it-ports-supply-chain-disruptors-to-influence-u-s-industrial-market-activity-in-h2-2024?utm_medium=email&utm_source=nkf-cb&utm_campaign=When%20It%20Rains%20It%20Ports%20%7C%20Supply%20Chain%20Disruptors%20to%20Influence%20U.S.%20Industrial%20Market%20Activity%20in%202H%202024&utm_term=unsent
Click here to view the Jacksonville Industrial Market Overview
Brunswick, GA – Newmark Phoenix Realty Group is excited to announce our collaboration with the Golden Isles Development Authority (GIDA) and Pro Direct on a groundbreaking new project in the Tradewinds Technology Park. This 758 Acre development, strategically located off Exit 42 and adjacent to Interstate 95, represents a pivotal step in the economic advancement