Thursday, March 10, 2016

Washington County Industrial vacancy rates lowest in decade

The industrial vacancy rates across Washington County have dropped to just over 2 percent, with virtually no large buildings available after the recent sale of the former Blue Bunny ice cream plant in the Fort Pierce Industrial Park, according to market reports. That’s a number that hasn’t been seen in a decade, since the heart of the mid-2000s real estate boom, and a far cry from the peak of 16 percent reached during the ensuing Great Recession. The Spectrum