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2019 Q4 Gainesville Research and Forecast Report

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Currently, the commercial real estate inventory totals 41 million square feet of office, industrial and retail property. In the fourth quarter of 2019 (Q4), the average lease rate for office space was $17.76 PSF annually; absorption reached 42,316 SF; there were a total of 20 sales transactions; and the average sale price per square foot equated to $134.

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2019 Q4 Gainesville Research and Forecast Report

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Christian Oldenburg

Executive Managing Director, North Florida


Christian Oldenburg is a dynamic commercial real estate executive with 17 years of experience and total transaction involvement in excess of $1 billion. As the Managing Director of Colliers International Northeast Florida, Christian is responsible for all aspects of Colliers’ operations in the North Florida region, with a focus on financial management, development of human capital and new business generation. Christian leads a team of 35 brokers and 15 support staff who are focused on advising clients who wish to sell, purchase or lease retail, office, medical, industrial, land and multifamily assets. Christian also collaborates with the firm’s Real Estate Management Services and Valuation and Advisory divisions on identifying and sourcing new business opportunities.

Christian’s real estate career began with Northmarq Capital as an Investment Analyst, a role in which he assisted in placing more than $350 million in debt and equity financing. He further developed his career with Regency Centers, where he held multiple financial and operational roles over his ten-year tenure culminating as Vice President of National Property Operations. Most recently Christian served as Senior Vice President of Block One Ventures – the real estate investment arm of a significant local family office. In that role, he oversaw all aspects of the company’s operations with a focus on ground-up development and asset management of land and multifamily assets valued around $300 million.

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