The Gainesville industrial market is rather modest and totaled only about 3.5 million square feet of inventory as the millennium approached.
However, there has been an increase in development in the city of Alachua, which is located just a few miles north of Gainesville, says Audley Harris, senior vice president of Coldwell Banker Commercial, M. M. Parrish, Realtors.
The park is, of course, attracting high tech firms as well as other research and development tenants that would meld with the University of Florida amenities, Harris
A major movement in Gainesville is occurring in the research and development of tissue technology and the processing of human donor allograft tissue for transplantation.
The leader in this research, Regeneration Technologies, Inc.
, is a spin off of the University of Florida Tissue Bank
"This is a prime example of a trend toward increased activity resulting from technology spin offs from the University of Florida biotechnology research and product development," says Harris
"There is a steady demand for 5,000-, 10,000- and 20,000-square-foot spaces, especially with 20+ foot eave heights," Harris
Gainesville's economy is steady due to the high percentage of government-related jobs available as well as the University of Florida
"This has afforded us a steady growth over the years.
While Gainesville has not been an industrial town, the trend is for an increasing market to serve the growth and to take advantage of a well-educated labor base."
Audley Harris serves as senior vice president with Coldwell Banker Commercial, M. M. Parrish, Realtors in Gainesville, Florida.