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...
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...
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...
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...
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...
by SVN Commercial Advisory Group | Feb 2, 2021
One of Sarasota’s most recognizable downtown office buildings has been sold to a Miami firm for $35 million. The nine-story, 550,000-square-foot BB&T Financial Center at 1800 Second St. in Sarasota was purchased by Tricera Capital of Miami. The sale, which closed...