Author: Beck Partners This post originally appeared on Beck Blog – Beck Partners and is republished with permission. Find out how to blog with us on theBrokerList.
On August 25, Justin Beck was interviewed live by WCOA’s Rick Outzen. Their discussion addressed the unexpected boom in office leasing in 2021. Due to a number of contributing factors, the greater Pensacola office market shows little to no impact from the pandemic. In fact, demand is so great for office space that vacancy rates are at all-time lows. According to CoStar, a national commercial real estate information center, Pensacola’s vacancy rates are just 3.3%. Nearby markets are also seeing similar trends. Click below to listen to the interview:
