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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...

Peter Bartys Manages Three Transactions at Destination Drive

by SVN Commercial Advisory Group | Jul 26, 2021

Osprey, Fla. (July 26, 2021) – Senior advisor Peter Bartys, of SVN Commercial Advisory Group recently coordinated the sale of three commercial units at Destination Drive in Osprey, FL. Bartys represented the buyer of units A522 & A523 and represented both seller...

Jobs Report, Zillow, Trepp Delinquency Data | Economic Update Mid-July

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...

Bradenton/Palmetto a robust market that could use more inventory

by SVN Commercial Advisory Group | Jul 14, 2021

Many CRE sectors remain healthy as businesses migrate to the Sunshine State There’s a whole lot of demand, not enough supply.   That sums up much of the commercial real estate (CRE) market in the Florida cities of Bradenton and Palmetto. But builders and investors are...

Multiple Factors Will Determine How Net Lease Plays Out

by SVN Commercial Advisory Group | Jul 13, 2021

Unless the sale-leaseback market picks up, there is not a lot of new supply going to hit the market. Single-tenant transaction activity should remain high in 2021. However, some of that will be determined by the number of assets that will hit the market this year. In...
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