Foundation Park Building Sells for $12M

Avison Young real estate services announced the sale of a $12 million, newly-constructed 43,180-square-foot biotech and life science research facility at Foundation Park in Alachua.

The sale, the largest in Alachua County since 2015 and part of a 1031 exchange, is the first of four buildings that are scheduled to be developed for UF Innovate | Sid Martin Biotech alum Applied Genetic Technologies Corporation (AGTC) at Foundation Park, which is located across from Progress Park and the Incubator.

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