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More Tenants Plan To Increase Space Next Year Than Shrink It

More Tenants Plan To Increase Space Next Year Than Shrink It

by SVN Commercial Advisory Group | Nov 10, 2021

Also, close to two out of five tenants said they will be preferring longer occupancy terms to get ahead of possible rent increases. More than double the share of commercial real estate tenants are planning to increase rather than decrease their space next year,...
Industrial Flex Park in Bradenton Sells for $4.95M

Industrial Flex Park in Bradenton Sells for $4.95M

by SVN Commercial Advisory Group | Nov 9, 2021

Bradenton, Fla. (November 9, 2021) – Senior Advisor, Tony Veldkamp, CCIM of SVN Commercial Advisory Group helped to coordinate the sale of a 56,743 SF Office/Industrial Flex Park. The property, located at 4301 32nd Street West in Bradenton, FLA., was purchased by...
Medical Facility in Fort Myers Sells for $4.35 million

Medical Facility in Fort Myers Sells for $4.35 million

by SVN Commercial Advisory Group | Nov 5, 2021

National Spine & Pain Center will occupy former surgery center   Fort Myers, Fla. (November 8, 2021) – Gail Bowden, Senior Investment Advisor for SVN Commercial Advisory Group, has managed the $4.35 million sale and long-term lease of a medical facility in Fort...
Apartments, Cap Rates, GDP | Economic Update

Apartments, Cap Rates, GDP | Economic Update

by SVN Commercial Advisory Group | Oct 29, 2021

GDP Economic growth slowed in the third quarter, settling at an annualized growth rate of 2.0% after an increase of 6.7% in the second quarter. Thursday’s advanced estimates come in below most economists’ forecasts. The latest Wall Street Journal Economic Forecasting...
Multifamily Property in Sarasota Sells for $11.6 million

Multifamily Property in Sarasota Sells for $11.6 million

by SVN Commercial Advisory Group | Oct 27, 2021

Multifamily property located near downtown Sarasota Sarasota, Fla. (October 26, 2021) – SVN Commercial Advisory Group managed a multifamily deal worth $11.6 million for buyer Sarasota Presidential, LLC. The property at 3232 Fruitville Road in Sarasota is a two-story...
Pharmacy Foot Traffic Hits Pre-Pandemic Levels

Pharmacy Foot Traffic Hits Pre-Pandemic Levels

by SVN Commercial Advisory Group | Oct 18, 2021

Pharmacy foot traffic continued double-digit growth patterns as the retail sector continued its post-COVID-19 recovery, with CVS and Walgreens leading the pack.  The brands are poised to return to year-over-two-year growth by March 2021, according to new data from...
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