FL - Deltona-Daytona / Ormond Beach
FL - Jacksonville
DEMOGRAPHICS
Deltona
Daytona
Ormond
Beach, FL
1,103
495,625
214,567
$62,419
146,482
10.1%
Coldwell Banker Commercial
Benchmark
570 Memorial Cir., Suite 300
Daytona Beach
Ormond Beach, FL 32174
(386) 672-8530
www.cbcbenchmark.com
CONTACT
OFFICE
Vacancy
P
Absorption
Q
Rental Rates
Q
INDUSTRIAL
Vacancy
P
Absorption
Q
Rental Rates
Q
MARKET HIGHLIGHTS
•;Daytona Beach International
Airport reports that boardings
are up and Jet Blue and
Southwest are in discussions to
begin service this year.
•;Resort and Bed tax collections
are up and the Hospitality
industry is seeing increased
projections.
•;Multiple large and small beach
front Hotel/Motel operations
are going through major
renovations and upgrades,
with multiple large ocean front
property sales being completed
for future development.
•;This is one of 19 communities
across the country to be
selected as a “Forward
Next Generation Learning
Community.”
•;Embry-Riddle Aeronautical
University of Daytona Beach has
been selected as one of three
Next-Gen test beds for the
modernization of the National
Airspace System.
•;Teledyne is doubling their
production square footage for
their fiber optic and electrical
interconnect systems.
RETAIL
Vacancy
Q
Absorption
P
Rental Rates
Q
MULTI-FAMILY
Vacancy
Q
Absorption
P
Rental Rates
N
DEMOGRAPHICS
Jacksonville,
FL
3,221
MARKET HIGHLIGHTS
•;EverBank Financial Corporation
leased 270,000 SF, covering
nine floors, at the AT&T Tower.
The building will be renamed
“EverBank Tower.” The move
should help to revitalize the
downtown area.
1,334,380
518,910
$76,866
•;Bi-Lo, the Greenville, SC-based
supermarket chain, agreed to
buy Winn-Dixie Stores, Inc.
for $560 Million. The new
company will have around 687
grocery stores and a workforce
of 63,000 in eight states
throughout the Southeast.
551,254
9.2%
•;The $55 million sale of a Gate
Parkway Apartment Complex
is an indicator that the city’s
rental market is improving
and should continue to trend
upward in 2012.
(904) 281-1990
www.cbcbenchmark.com
CONTACT
•;Acosta, Inc. expects to hire
2,000 employees in the first
quarter of 2012, 40 to 50
of whom will be in their
Jacksonville office.
Coldwell Banker Commercial
Benchmark
•;The restaurant industry was on
the mend locally in 2011. New
national and regional restaurant
chains to the area include:
Seasons 52, BJ’s Restaurant &
Brewhouse, Logan’s Roadhouse,
Smashburger, First Watch and
Poe’s Tavern.
4348 Southpoint Blvd., Suite 310
Jacksonville, FL 32216
OFFICE
RETAIL
Vacancy
Q
Vacancy
Q
Absorption
P
Absorption
P
Rental Rates
P
Rental Rates
Q
INDUSTRIAL
MULTI-FAMILY
Vacancy
Q
Vacancy
Q
Absorption
P
Absorption
P
16 Rental Rates
Q
Rental Rates
Q
