by SVN | CAG | Aug 30, 2021
Hospitality industry benefits from pent-up travel demand; projections remain encouraging Hotels have been getting some pleasant wake-up calls in recent months: The industry is improving. Certainly, that’s the case in the Tampa and Sarasota markets. The COVID-19...
by SVN | CAG | Aug 25, 2021
Return to Office A survey by Morning Consult that tracks employees’ appetite for returning to the office showed that sentiment has fallen in recent weeks, with only 55% of workers saying that they feel comfortable returning to the office. According to the report, the...
by SVN | CAG | Aug 17, 2021
Has COVID Destroyed the Tampa Bay Hotel Market? Tampa Bay’s hotels have eclipsed pre-pandemic levels. Historically, RevPAR (Revenue Per Available Room) increases from December through March due to the tourist season and declines thereafter. In 2021, RevPAR has...
by SVN | CAG | 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...
by SVN | CAG | 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....
by SVN | CAG | 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 —...
