West Side
Jacksonville - FL USA - Industrial Submarket
Industrial real estate intelligence for the West Side submarket. 41.7M SF of inventory with 12.5% vacancy. Data sourced from various MLS platforms.
41.7MSF
Inventory
6.5MSF
Available
12.5%
Vacancy
15.6%
Availability Rate
$8.52
Asking Rent
0.9%
Rent Growth
420KSF
12mo Absorption
158KSF
Under Construction
Market Metrics
12mo Delivered
1.6M SF
Under Constr % of Inv
0.4%%
Sale Price/SF
$113
Cap Rate
6.9%%
12mo Sales Volume
$474,865,519
Sales Vol Growth
73.9%
Asset Value
$4,724,785,950
Net Absorption
+420K SF
Recent DC Sales in Market
| Property | Price | SF | Buyer |
|---|---|---|---|
| Lincoln Rackhouse Aurora Data Center | $17.3M | 70,000 | US Signal |
| 201 Centennial Ave | $11.0M | 64,698 | Chirisa Technology Parks |
| 8425 N 114th St | $2.6M | 232,663 | |
| Fort Worth Data Center/DFW1 | - | 133,298 | CSquare |
| Houston One | - | 118,248 | Safanad |
Available DC Space in Market
| Property | Avail SF | Rent | Owner |
|---|---|---|---|
| Building D | 20,678 | $10.86 - 13.27 (Est.) | Entrada Partners |
| The Falchi Building | 272,217 | $23.00 | Savanna Real Estate Fund |
| 1800 NW 69th Ave | 37,500 | $15.50 | AccuPlace |
| McHenry Corporate Center IV | 42,811 | $6.00 - 12.50 | Gold Drop |
| Omnis Data Center | 15,070 | $21.00 | Omnis Network, LLC |
Data Centre Development Potential
High vacancy (12.5%) in West Side may indicate availability of conversion-ready industrial buildings for data centre development. Active construction pipeline of 158K SF indicates developer confidence in the submarket. Positive net absorption of 420K SF over the past 12 months signals healthy demand fundamentals.
Other Submarkets in Jacksonville - FL USA
Evaluating West Side for Development?
Our advisory team provides site-specific analysis including power availability, zoning, and financial modeling.
Data sourced from various MLS platforms. Industrial market data for informational purposes. Professional due diligence recommended.