Seth Lane and I were in Jacksonville Monday and Tuesday for the ICSC Idea Exchange. There were about 300 retail real estate professionals present including brokers, developers, lenders and retailers.
The overall sentiment at the conference was very positive. New developments are happening throughout the state and retailers and restaurant chains are expanding.
Capital flows are making investment and development easier than it has been in several years.
Let's hope these trends continue. Markets still have a way to go to return to pre-recession levels but we are finally moving in the right direction. We hope to see more retail leasing activity in the coming months in the markets we serve like Gainesville, Ocala and Tallahassee to fill as many spaces as possible.