The Pandemic Takes Another Shot at the Office Asset Class

Occupancy fell by 2 million square feet as of November, compared to the third quarter in 2021.   Even before the emergence of the Omicron variant, office asset class recovery started to falter in the face of the ongoing recovery. Occupancy fell by 2 million...

Emerging Trends, Cap Rates & Office Demand | Economic Update

Emerging Trends in Real Estate  In PwC’s report on Emerging Trends in Real Estate for 2022, respondents highlighted a range of influential factors likely to impact real estate outcomes over the next year, including climate change, remote work, investor capital,...
More Tenants Plan To Increase Space Next Year Than Shrink It

More Tenants Plan To Increase Space Next Year Than Shrink It

Also, close to two out of five tenants said they will be preferring longer occupancy terms to get ahead of possible rent increases. More than double the share of commercial real estate tenants are planning to increase rather than decrease their space next year,...
Industrial Flex Park in Bradenton Sells for $4.95M

Industrial Flex Park in Bradenton Sells for $4.95M

Bradenton, Fla. (November 9, 2021) – Senior Advisor, Tony Veldkamp, CCIM of SVN Commercial Advisory Group helped to coordinate the sale of a 56,743 SF Office/Industrial Flex Park. The property, located at 4301 32nd Street West in Bradenton, FLA., was purchased by...
Medical Facility in Fort Myers Sells for $4.35 million

Medical Facility in Fort Myers Sells for $4.35 million

National Spine & Pain Center will occupy former surgery center   Fort Myers, Fla. (November 8, 2021) – Gail Bowden, Senior Investment Advisor for SVN Commercial Advisory Group, has managed the $4.35 million sale and long-term lease of a medical facility in Fort...