Commercial Real Estate Insights
CPI Inflation, Industrial Real Estate, & Logistics | Economic Update – January 13
1. CPI INFLATION The Consumer Price Index (CPI) rose 6.5% year-over-year and just 0.1% month-over-month, according to the latest numbers from the Bureau of Labor Statistics — relatively in line with most industry estimates. The annual inflation rate has now fallen for...
Main Street property in downtown Sarasota sells for $4.287 million
SVN Commercial Advisory Group represents sellers; future development will replace existing structure on site Sarasota, Fla. (January 6, 2023) – SVN Commercial Advisory Group has managed the $4.287 million sale of property at 2051 Main Street, the site of future...
Consumer Spending, CRE Debt, & Home Prices | Economic Update – January 3
1. Q3 GDP & CONSUMER SPENDING REVISED UP The Bureau of Economic Analysis reported an upward revision to Real GDP in the third quarter of 2022, mainly reflecting a revised total in U.S. consumer spending. The latest estimate shows a 3.2% annualized increase in Real...
SVN Commercial Advisory Group manages $17.5 million sale of industrial portfolio
Complex of five Industrial Boulevard properties contains more than 220,000 square feet Sarasota, Fla. (December 30, 2022) – SVN Commercial Advisory Group has managed the $17.5 million sale of a property portfolio containing five industrial buildings in...
Interest Rate, Inflation, & Jobs | Economic Update – December 16
FOMC INTEREST RATE DECISION On December 14th, the Federal Reserve’s policy-setting committee raised their target Federal Funds Rate (FFR) range by 50 basis points to 4.25%-4.50%, slowing their speed of rate increases after four consecutive 75 basis point hikes — an...
Read more“These will be some beautiful units in a structure fronting the roundabout,” Migone said. “It’s a project we expect to have a tremendous impact on the area, which is designated as an opportunity zone – quite an addition.”
Future site of upscale rental properties sells for $1.7 million in Sarasota
SVN Commercial Advisory Group manages transaction; project is part of local opportunity zone north of downtown Sarasota, Fla. (December 14, 2022) – A commercial property that will house a complex of high-end apartments and retail space in Sarasota, Fla., has...
SVN Commercial Advisory Group closes $2.2 million deal on longtime restaurant
Gail Bowden handles sale of former Primo! Restaurante property Sarasota, Fla. (December 1, 2022) – SVN Commercial Advisory Group has managed the sale of two parcels at 8076 N. Tamiami Trail in Sarasota, Fla., one of which was the site of a popular Italian-themed...
Look for experienced CRE professionals to help you through economic turbulence
Market uncertainty impacts buyers, sellers, and investors Even the most casual observer can sense waves of uncertainty rippling through our economy these days. For buyers, sellers and investors in commercial real estate (CRE), that swirl of question marks is...
A Case for the Long View
Overview A consistent theme among investors surveyed in this year’s Emerging Trends in Real Estate report by the Urban Land Institute (ULI) and PwC was an eye toward the positive long-term fundamentals of Commercial Real Estate (CRE) rather than the industry’s glaring...