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Professional Park in Bradenton Sells for $11M

by SVN Commercial Advisory Group | Dec 28, 2021

Bradenton, Fla. (December 28, 2021) – Senior Advisor, Tony Veldkamp, CCIM of SVN Commercial Advisory Group helped to coordinate the sale of a 100,000 SF office professional park on Cortez Road in Bradenton. The seller was SugarOak Wildewood. The buyer is Fullerton...

Apartment Market Activity, Holiday Spending, Inflation | Economic Update

by SVN Commercial Advisory Group | Dec 21, 2021

Inflation The Consumer Price Index increased by 6.8% year-over-year through November 2021, the largest annual increase since June 1982. Inflation climbed on a seasonally adjusted 0.8% month-over-month, 10 basis points lower than October’s increase. Following a recent...

Future Self Storage Site in Sarasota Sells for $2.375M

by SVN Commercial Advisory Group | Dec 16, 2021

Sarasota, Fla. (December 17, 2021) – Advisor, Mark Bower of SVN Commercial Advisory Group recently coordinated the sale of a future self storage site. The 3.75 acres of land at 8301 Fruitville Road in Sarasota, FL. 8301 Fruitville, LLC, was the seller. Premier A-2...

2 Acre Block in Downtown Bradenton Sells for $2.35M

by SVN Commercial Advisory Group | Dec 13, 2021

Bradenton, Fla. (December 13, 2021) – Senior advisor Angela Varga, of SVN Commercial Advisory Group, recently coordinated the sale of a 2-acre block of land at 817 14th St. West, 818 & 826 13th St. West, and 1301 8th Ave West in Bradenton, FLA. The seller was...

Office Building in Bradenton Sells for $432,000

by SVN Commercial Advisory Group | Dec 7, 2021

Bradenton, Fla. (December 8, 2021) – Senior advisor Angela Varga, of SVN Commercial Advisory Group recently coordinated the sale of a 3,000 SF office building at 104 53rd Avenue East in Bradenton, FLA. The seller was Debra Clark. The buyer was Tim Burnell. The...

The Pandemic Takes Another Shot at the Office Asset Class

by SVN Commercial Advisory Group | Nov 30, 2021

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...
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