Friday, April 26, 2024
Michael Stone Online

Vacant No More: Gainesville Warehouses Welcome Tenants

rsz_screen_shot_2014-09-01_at_81036_pm

In 2013, several warehouses in and around Gainesville were sitting empty.

At one point last year, as many as 10 to a dozen of the available buildings — which have 25,000 or more square feet — weren’t being leased or sold, said Mike Ryals, senior vice president of Bosshardt Realty’s Commercial and Land Division.

“Historically, Gainesville would have two, maybe, or three on the market at any given time, and we had 10,” he said. “So we had absolute oversupply, and it made us nervous.”

Read my full story in the Gainesville Sun.

Keep up with the latest by subscribing to the free newsletter, adding Michael on LinkedIn and following him on Twitter.