SVN CAG Manages Sale of $1.075M Industrial Building in Bradenton

SVN CAG Manages Sale of $1.075M Industrial Building in Bradenton Bradenton, Fla. (March 3, 2021) – Senior advisor Gail Bowden, of SVN Commercial Advisory Group recently coordinated the sale of a 13,900 SF Industrial building located at 1215 50th Avenue Plz West in...

CRE Gets Boost as Economy Adds 379,000 Jobs in February

Most of the job gains were in the leisure and hospitality sectors. The US economy showed its clearest sign yet of recovery with February’s unemployment report released this morning by the Bureau of Labor Statistics: Some 379,000 jobs were added to US payrolls last...

Economic Update | March 5, 2021

Minimum Wage  One of the more publicized and contentious sticking points of the incoming-Biden Administration stimulus package is the potential inclusion of a $15/h minimum wage. According to the Congressional Budget Office, a strictly nonpartisan Agency, raising the...

Economic Update | February 23, 2021

Industrial Sector  According to Real Capital Analytics, hedonic cap rates for Industrial properties held at their all-time low through Q4 2020, finishing the year at an even 6.0%. Between strengthening property fundamentals and lower benchmark interest rates,...