Page 38 - NRH FY20 Approved Budget
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BUDGET OVERVIEW
The retail real estate and office real estate vacancy rates continue to improve. Retail
vacancy is 9%, down from 12% in 2018, while office vacancy is currently 14%, down from
19% last year.
We are projecting a net increase of 38 business and 500 jobs in FY 2019 led by
commercial office businesses: Brinson Benefits, CarFinance.com, Crimson Building
Company and American Defense Systems.
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