“Tallahassee has become a standout market in Florida over the last twelve months. Even with strong headwinds in the capital markets, the area has continued to see positive rent growth, manageable insurance increases, large investments from developers, and some of the highest sales velocity in the state. Major infrastructure initiatives, including the Airport Gateway and the Capital Cascade Trail will compliment private industrial investments to make the local economy more dynamic over the next few years. With macro-economic indicators trending in a positive direction, Tallahassee will be the workhorse of the North Florida secondary markets through the near to mid term.”
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