2 Acre Block in Downtown Bradenton Sells for $2.35M

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

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

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

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...

Emerging Trends, Cap Rates & Office Demand | Economic Update

Emerging Trends in Real Estate  In PwC’s report on Emerging Trends in Real Estate for 2022, respondents highlighted a range of influential factors likely to impact real estate outcomes over the next year, including climate change, remote work, investor capital,...
More Tenants Plan To Increase Space Next Year Than Shrink It

More Tenants Plan To Increase Space Next Year Than Shrink It

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,...