by SVN Commercial Advisory Group | Dec 22, 2020
AAA building and Manatee Avenue retail plaza will undergo renovations for new MAXhealth facilities in Sarasota, Bradenton Sarasota, Fla. (December 22, 2020) – SVN Commercial Advisory Group has managed two deals totaling nearly $6.9 million for Sarasota-based buyer...
by SVN Commercial Advisory Group | Dec 18, 2020
Unemployment The Civilian Unemployment Rate (U-3) fell from 6.9% in October to 6.7% in November. The 0.2% month- over-month decline is the slowest rate of improvement since the Spring shutdown. While improvement is slowing, U-3 has recovered by 8.0% since April, when...
by SVN Commercial Advisory Group | Dec 7, 2020
Retail According to Moody’s Analytics / REIS reporting, signs of distress are spreading in the retail sector. The sector’s vacancy rate rose by 0.2% to 10.4% in the third quarter, reaching a seven-year high. Average asking retail rents declined 0.1% from the previous...
by SVN Commercial Advisory Group | Dec 2, 2020
Palmetto, Fla. (December 1, 2020) – Senior advisor Mike Migone, CCIM, of SVN Commercial Advisory Group recently coordinated the sale of the 14,526 SF historic “Crusader Building” at 323 10th Avenue in Palmetto. Crusader Properties, LLC was the seller. Palmetto...
by SVN Commercial Advisory Group | Nov 30, 2020
Physicians keep working, take advantage of financing opportunities to help bolster the industry Most people are aware of the difficulties certain sectors of commercial real estate (CRE) have endured during 2020 the wake of the global pandemic. The toll on retail,...
by SVN Commercial Advisory Group | Nov 18, 2020
The announcement of successful vaccine trials and new concepts of employee work environments may be good news for the industry It’s no secret that the COVID-19 pandemic and accompanying lockdown have inflicted severe damage upon the world economy. That’s been true of...
