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High Supply in JacksonvilleLast year’s substantial stock expansion pushed rent growth down 0.2 percent on a T3 basis through February to $1,494. Occupancy was also affected, down 95 bps year-over-year to 92.2 percent.
Last year’s substantial stock expansion pushed rent growth down 0.2 percent on a T3 basis through February to $1,494. Occupancy was also affected, down 95 bps year-over-year to 92.2 percent.
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