While rent growth in the multifamily sector has quickly normalized across the Sun Belt, it is clear that retail rent growth has not. Each of the top 12 U.S. markets for retail rent growth measured over the past three years are in the Sun Belt region, and five of them are located in Florida.
Florida Has Five of the Top 12 US Markets for Retail Rent Growth
Jacksonville Leads Nation, but Rents in Orlando Also Rise More Than 20% Concurrently
By Lisa McNatt
CoStar Analytics
August 29, 2023 | 4:47 P.M.
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