Page 38 - NRH FY20 Approved Budget
P. 38

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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