Gainesville’s mixed-use housing buildings have an abundance of vacancies. Why?
The high retail vacancy rates are highlighted in a recent study by the Kelley A. Bergstrom Real Estate Center at the University of Florida’s Warrington College of Business.
It identifies six of the most popular mixed-use student housing properties near the university.
Despite tenant rates that are at or near capacity, the report found that four of the buildings have a majority of its retail space vacant, two of which still have no tenants since opening.
Read more in this story from The Gainesville Sun.