Small Upgrades make a difference to buyers and lessees of CRE

by | Dec 20, 2021

Upgrading a property is an investment, but it can pay big dividends We’ve all seen homeowners give their places a facelift before putting them up for sale. They paint rooms, swap out light fixtures and perform other upgrades to give the house more appeal to...

Future Self Storage Site in Sarasota Sells for $2.375M

by | 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 | 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 | 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...

Upturn in residential market leads to strong commercial growth

by | Dec 1, 2021

Migration of business owners into Florida gives CRE a boost    One real estate trend you can usually count on is that a boom in the residential market will lift the commercial real estate (CRE) market as well.  That’s certainly been the case in Florida during the...

The Pandemic Takes Another Shot at the Office Asset Class

by | 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...