Throughout the Southeast, unemployment rates continue to drop amid a robust economy and strong job creation. U.S. employers report strong hiring intentions for the third consecutive quarter as the national labor market edges closer to full capacity. The number of employees on non-farm payrolls in several cities throughout the Southeast continues to rise. Orlando has… Read more »
Office and industrial markets in three key markets in the Southeast – Atlanta, Miami and Orlando – continued to show steady and strong performance in 2018, with vacancy rates improving in most segments and markets. In Atlanta and Orlando, office vacancy rates fell or remained steady in the final quarter of 2018. The same was… Read more »
The U.S. economy added 201,000 jobs in August, the Labor Department reports, continuing its nearly eight-year streak of monthly gains. The unemployment rate remained unchanged at a very low 3.9 percent. The Bureau of Labor Statistics’ data on unemployment and non-farm jobs indicate continued improvement in key markets throughout the Southeast – a sign that… Read more »
There’s more bad news in the retail sector, as JC Penney will close distribution centers and up to 140 retail stores before fall, while offering buyouts to 6,000 employees. Operations from a Penney distribution center in Florida are being consolidated with the Atlanta facility. “Anchor department store closures just keep coming, as J.C. Penney Company… Read more »
With an understanding of the highly sophisticated Southeast market place, Lincoln Property Company’s mission is to provide the best services to all our investors. We are making sure you are provided with only the best local expertise. Our services are suited to your finical needs, making sure our brokerage finds the best deals and opportunities… Read more »