Gainesville Commercial Real Estate Market Update

The market for commercial real estate in Gainesville, Florida is picking up steam. We are seeing tons of activity in retail leasing, office leasing, medical office space and apartments (multi-family). We have recently listed a project on Archer Road in Gainesville called Esplanade at Butler Plaza. The property is anchored by Publix and is in the heart of Gainesville’s most dynamic retail market. The center is located in Butler Plaza and is in the process of being completely remodeled. Butler Plaza is nearly a mile long center and is home to Lowe’s, Best Buy, Target, Publix, Old Navy, Barnes and Noble, Petsmart, Office Max and Pier 1.

Innovation Square continues to gain momentum and the market interest for Gainesville class A office space at Infusion Technology Center at Innovation Square has been strong. Innovation Square recently announced through iG and the Gainesville Chamber that software giant Mind Tree will be expanding into Gainesville and will eventually create over 400 new jobs.

We are also seeing continued interest in the commercial real estate market in Ocala, Florida. We have several listings in that market as well and just began marketing several prime outparcel sites in front of the Lowe’s on SR 200. We also have a listing which is under development what will be home to the first Aspen Dental location in Ocala. Mattress Firm and two other national concepts will complete the center.

Overall, the Gainesville commercial real estate market is strong. As a full-service commercial real estate brokerage company, Front Street provides its clients the following services; office leasing, retail leasing, investment sales, tenant representation, mortgage banking and property management. If you are in need of commercial real estate services in Gainesville, please contact us today.

Virginia MacKoul

Virginia is a graduate from the University of Florida's College of Design Construction and Planning with a degree in Sustainability and the Built Environment, and a minor in Urban Regional Planning. Virginia joined the Front Street team in 2011, as an intern. Upon graduation, Virginia joined the Front Street team full-time as the Director of Client Services. Ms. MacKoul’s addition furthers Front Street’s continued growth and expansion within Gainesville and other North Central Florida markets. She was promoted to Director of Marketing in 2014 and now manages the firm’s team of interns and oversees all marketing and branding activity. Virginia was born in Boston and moved to Lee County, Florida in 1997. Virginia graduated her high school's International Baccalaureate program and started at the University of Florida with a focus on Architecture. Virginia shares Front Street's passion of giving back to the community and those in need. Virginia's hobbies include photography, cooking, football, movies, music, and spending time with her dog, Brinkley.

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