Warehouse glut

  • By Business Observer Staff
  • | 6:00 p.m. October 30, 2008
  • | 0 Free Articles Remaining!
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Warehouse glut

Warehouses and distribution buildings in Lee County have seen vacancies surge as the housing bust and declining consumer spending force companies to retrench. Lee County government aggravated the situation by raising taxes on new construction.

There's perhaps no more visible example of the effects of the housing bust on businesses than Metro Parkway in Fort Myers.

 

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