Gainesville office, retail and industrial market report

Q3 2023

At the end of August, Gainesville maintained a steady unemployment rate of 3.3%, which was slightly lower than the national average of 3.8%. There was a 2.2% year-over-year growth in total nonfarm employment, with the education and health services sector experiencing the highest increase at 3.9% during that timeframe.

+2.2%

Office leasing activity

Office leasing activity remained consistent throughout the third quarter of 2023, staying 2.2% above the levels observed at the same time in 2022.

$86.9M

Retail sales activity

Retail sales activity slowed in the third quarter, but year-to-date volume matched 2022’s total of $86.9 million.

126k sf

Industrial construction activity

Industrial construction remains robust, with 126,600 square feet in progress across five properties.

Download Gainesville office, retail and industrial market report

Your source for the latest Gainesville office, retail and industrial market reports

Get in-depth office, retail and industrial market reports and insights from commercial real estate experts in the Greater Gainesville area. Avison Young advisors look at Gainesville commercial real estate activities and the latest Gainesville statistics to provide you expert market research on Gainesville's office, retail and industrial properties.

Explore different topics like the latest office, retail and industrial market pricing trends and analysis of Gainesville's current office, retail and industrial real estate market conditions. Gain a better understanding of Gainesville’s office, retail and industrial real estate outlook and stay ahead of current office, retail and industrial space trends. Make smart decisions when it comes to investing in office, retail and industrial properties in Gainesville's competitive office, retail and industrial real estate market. Avison Young is your trusted source for commercial real estate office, retail and industrial market insights in Gainesville.

The dashboard was delivered through AVANT by Avison Young: leveraging real-time data and analytics to make cities and location-based decisions more transparent and efficient. Learn more about AVANT.

Get the latest Gainesville office, retail and industrial market reports right in your inbox