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Leasing volume countywide declined 30% from the third quarter of 2008 to the same period a year later, leading to higher vacancies and dropping rents.
| ? | Q3 2009 | Q3 2008 | Change |
| Vacancy | 7.9% | 6.1% | 30% |
| Asking Rent | $23.96 | $24.78 | -3% |
| Effective Rent | $20.77 | $21.99 | -6% |
| Source: Marcus & Millichap Retail Research Market Update | |||
FLORIDA TREND MAGAZINE
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Forecasts of a ”potentially explosive” hurricane season and high operating costs continue to dog Florida’s home insurers. But there are positive signs for the state’s market, which is quietly growing after a period of contraction.
Business Beat - Week of May 3rd
Get top news-to-know with Florida Trend's headline-focused video news brief, hosted by digital content specialist Aimée Alexander.
The pandemic did what public health officials have struggled to do for the past 15 years — put a dent in the number of reported cases of bacterial sexually transmitted diseases in Florida.
Lawmakers are talking about holding a special legislative session this month – possibly to enact another strict immigration law and add ballot proposals to November that might complicate the abortion access measure.
Florida joined half the states in the U.S. with a new law that allows credit unions to become qualified public depositories, meaning that they could receive municipal funds for deposit.
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Between the White House launching the nascent American Climate Corps program and Miami-Dade County seeking $70M to bankroll climate technology careers, the “green jobs” industry in South Florida finally shows signs of taking off.
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Do you think recreational marijuana should be legal in Florida?
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