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Prologis Expects Industrial Rent Growth Will Be a Record 10% This Year

by SVN Commercial Advisory Group | Aug 11, 2021

Absorption for the first half of the year reached an unprecedented 194 million square feet. Warehouse rent rates are rising at a record pace, says Prologis in the latest report of its Industrial Business Indicator. Rents rose by a record 4% in the second quarter while...

Medical Office Building in Braden River Business Center Sells for $1.075M

by SVN Commercial Advisory Group | Aug 5, 2021

Advisors work together in a rare joint listing to sell the property Sarasota, Fla. (August 5, 2021) – Senior Advisor, Tony Veldkamp, CCIM, and Advisor, Matt Fenske of SVN Commercial Advisory Group have managed the sale of a 5,000 SF, two-unit medical office building....

Demand continues to soar for Florida mobile home parks

by SVN Commercial Advisory Group | Aug 2, 2021

Market scarcity, need for affordable housing gives sellers a major advantage  Mobile home parks make up a red-hot investment market in Florida commercial real estate (CRE) right now. The one drawback is that they’re getting increasingly difficult to find —...

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...
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