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Senior Advisor, Angela Varga Coordinates $1.015M MedSpa Lease

by SVN Commercial Advisory Group | Aug 2, 2021

Bradenton, Fla. (August 2, 2021) – Senior advisor Angela Varga, of SVN Commercial Advisory Group recently coordinated the 10-year lease of a 4,480 SF office/medical building at 6114 Manatee Avenue West in Bradenton, FLA. LORKAT Investments is the landlord. GAIA...

Starbucks Anchored Property in Bradenton Sells for $1.75M

by SVN Commercial Advisory Group | Jul 27, 2021

Sarasota, FLA. (July 28, 2021) – Senior advisor Mike Migone, CCIM of SVN Commercial Advisory Group recently coordinated the sale of a 6,752 SF, Starbucks-anchored, retail building at 5783 Manatee Avenue West in Bradenton, FLA. Mike represented both the buyer and...

CRE Transactions Reach Pre-Pandemic Levels In Q2

by SVN Commercial Advisory Group | Jul 26, 2021

CRE transactions in the hot industrial and apartment sectors posted the strongest second quarter on record for sales across all deal structures. The US commercial real estate sales market passed pre-pandemic levels in the second quarter, according to Real Capital...

Jobs Report, Zillow, Trepp Delinquency Data | Economic Update Mid-July

by SVN Commercial Advisory Group | Jul 19, 2021

Jobs Report The Labor Department’s June Jobs Report showed an encouraging 850,000 added positions, well above Bloomberg’s reported consensus forecast of 720,000. Continued easing of social distancing measures across the US, increases in the vaccination rate, and a...

Senior Advisor, Mike Migone manages $6.5M industrial deal

by SVN Commercial Advisory Group | Jun 23, 2021

Senior Advisor locates prime Clearwater facility with nearly 74K square feet   Sarasota, Fla. (June 24, 2021) – Mike Migone, CCIM of SVN Commercial Advisory Group managed a $6.5 million property deal in Clearwater, Fla., for a client who will convert it into a...

GDP, Lumber Prices & The Labor Market | Economic Update

by SVN Commercial Advisory Group | May 17, 2021

GDP According to the Bureau of Economic Analysis, Real GDP increased at a seasonally adjusted annualized rate of 6.4% during the first quarter of 2021. Personal consumption expenditures (PCE), a sub-component of GDP output, rose at an annualized 14.6% in the first...
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