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Industrial Trends, Office Conversions, & CPI | Economic Update

Industrial Trends, Office Conversions, & CPI | Economic Update

by SVN Commercial Advisory Group | Jan 29, 2024

GDP Real US GDP expanded at a 3.3% annualized rate during Q4 of 2023, according to the advanced estimate from the US Bureau of Economic Analysis. The estimate surpasses the consensus projection of 2% and follows a 4.9% growth rate in Q3, bringing total 2023 US GDP to...
Addressing Florida’s Housing Crunch: The Live Local Act and Its Impact on Real Estate

Addressing Florida’s Housing Crunch: The Live Local Act and Its Impact on Real Estate

by SVN Commercial Advisory Group | Jan 29, 2024

It’s no secret: Migration to Florida has been on the rise in recent years, creating a surge in housing demand. Amid such an influx, the state’s housing market is facing increased tightness. That’s created a challenge for individuals seeking...
SVN | Commercial Advisory Group Represents Buyer on $8.8M Sale of Spectrum Office Building in Manatee County

SVN | Commercial Advisory Group Represents Buyer on $8.8M Sale of Spectrum Office Building in Manatee County

by SVN Commercial Advisory Group | Jan 26, 2024

Sarasota, Fla. (January 26, 2024) – SVN | Commercial Advisory Group has helped manage the $8.8 million sale of the Spectrum office at 5413 East State Road 64 in Bradenton. Serving as Manatee County’s most prominent cable and internet provider, this sale stands...
SVN Commercial Advisory Group Secures $1.58M Lease for Woodhouse Spa

SVN Commercial Advisory Group Secures $1.58M Lease for Woodhouse Spa

by SVN Commercial Advisory Group | Jan 23, 2024

High-end spa enters decade long, $1.58 million deal at busy downtown Sarasota intersection.   Sarasota, Fla. (January 23, 2024) – Diane Lawson, CCIM and Ryan Edwards with SVN | Commercial Advisory Group have helped close a 10-year lease deal for the spacious...
Jobs Report, 2024 Inflation, Investment Trends | Economic Update

Jobs Report, 2024 Inflation, Investment Trends | Economic Update

by SVN Commercial Advisory Group | Jan 8, 2024

DECEMBER JOBS REPORT US nonfarm payrolls increased by 216,000 in December, above November’s growth of 173,000 jobs and exceeding the consensus estimate of 170,000 according to the Census Bureau’s latest employment report. Meanwhile, initial jobless claims fell during...
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