Commercial Real Estate Insights
Florida Legislature Passes Affordable Housing Act
Live Local Act to go to Desantis for Signature The Florida legislature has passed a comprehensive affordable housing bill worth $711 million after two years of rising rents. The "Live Local Act," which passed the House with a vote of 103-6, will now head to...
While beautiful, waterfront CRE can entail special challenges
The shoreline offers stunning vistas but be sure to factor in the complexity and extra costs of owning such properties If you’re looking to acquire commercial real estate (CRE) on a Florida waterfront, you’re not the only one. Such property is in high demand...
Silicon Valley Bank & Labor Markets | Economic Update – March 17
Inflation The Consumer Price Index (CPI) rose 0.4% month-over-month and 6.0% year-over-year on a seasonally adjusted basis through February, according to the Bureau of Labor Statistics’ March 14th release. Both the monthly and annual measures decelerated from January....
Luis Viera joins SVN Commercial Advisory Group
Sarasota, Fla. (March 17, 2023) – Luis Viera, a licensed Broker with over 32 years of experience in real estate sales, has recently made the transition from the Philadelphia, PA market to the local area. With a successful career in both commercial and...
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...