Commercial Real Estate Insights
SVN Commercial Advisory Group manages $4.09 million Parrish land sale
U.S. Highway 301 property is future site of retail development Parrish, Fla. (March 14, 2023) – Advisors from SVN Commercial Advisory Group have managed the $4.09 million sale of a retail development site in Parrish, Fla. The 13.4 acres of mixed-use land are at 12055...
SVN Commercial Advisory Group announces $5.025 million industrial sale in Sarasota
The Kentucky-based company acquires office/warehouse facility in opportunity zone Sarasota, Fla. (March 8, 2023) – SVN Commercial Advisory Group in Sarasota, Fla., today announced the successful completion of a $5.025 million industrial property sale near...
Remote Work By Numbers
Coming off the pandemic, a scorching hot economy and jobs market placed the power of choice in the hands of job seekers. Reports of a ‘Great Resignation’, and ‘quiet quitting’ were widespread. Now, with conflicting ideas of what office work should look like, the...
Commercial Real Estate: To Lease or to Own?
Commercial real estate can be a lucrative investment opportunity for individuals and businesses alike. However, before deciding to invest in a property, it's essential to consider whether to lease or to own is the best option. Both leasing and owning commercial real...
Daytona Beach medical building sells for $2 million in SVN-managed transaction
SVN Commercial Advisory Group, SVN Alliance Commercial Real Estate Advisors team up on healthcare office deal Daytona Beach, Fla. (February 27, 2023) – SVN Commercial Advisory Group in Sarasota, Fla., announces the $2 million sale of a medical office building at 1671...
Homebuilding, The Fed, & Retail Sales | Economic Update – February 24
HOMEBUILDING SENTIMENT RISES According to the latest data from the National Association of Home Builders (NAHB), homebuilding confidence is on the rise. The NAHB/Wells Fargo Housing Market Index (HMI) rose seven index points to a level of 42, its highest reading since...
The Rise of Data Center Investment
Despite the highly reported cutbacks many companies are making in the start of 2023, experts agree one area that none of these companies are cutting spending in is data center investment. With more and more cloud computing necessary to maintain the infrastructure of...
Jobs, Jobs, and More Jobs: Florida Surpasses New York in Number of Employed Workers
According to data released by the Bureau of Labor Statistics (BLS), Florida had 9.669 million employed workers in December 2022, surpassing New York's 9.661 million employed workers. This marked the first time in the BLS's history of tracking this data that Florida...
Keith Frierson, CCIM Joins SVN Commercial Advisory Group as Senior Advisor in Tampa Bay Area
TAMPA, FLA. (February 10, 2023) - SVN Commercial Advisory Group is proud to welcome industry veteran, Keith Frierson, CCIM, to the Tampa Bay team as a Senior Advisor. With over three decades of experience in commercial real estate, Keith brings an exceptional level of...