Taking the area’s economic pulse
The Michael Gaich Company, which has been leasing and managing property since 1987, believes Suntree Station on N. Wickham Road is a good barometer of the local economic system.
“It is a reflection of the general economy, which is on the increase, especially in the Suntree and Viera area,” said Don Anthony, who has been with The Michael Gaich Company 15 years. “There is a lot of new employment in the area with new places hiring all over. There’s been tremendous growth at the airport in Melbourne and the growth in Titusville has been phenomenal. Right here in Suntree and Viera, you can’t help but notice all the new businesses coming into
Suntree Station was remodeled two and a half years ago and even now, one tenant is building out the endcap to expand his computer business.
“That leaves Suntree Station with only one vacancy, a 1,000 sq. ft. space,” Anthony said.
“Retail is active again. New tenants have moved in. The economy has improved.”
Anthony said he feels one reason for the filled-to-capacity shopping center is the fact that 38,000 cars pass that area each day. The businesses that located there realized they would be in a prime position for optimal exposure.
For more information, call the Michael Gaich Company at 321-453-4200.