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...

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...

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...

JANUARY JOBS REPORT According to the Bureau of Labor Statistics, the US economy added 517,000 jobs in January while the unemployment rate was little changed at 3.4%. The number of unemployed persons was also little changed at 5.7 million. On the surface, the January...

Introduction   Sarasota, Florida, is a rapidly growing residential and commercial center that is set to see a major boost in its infrastructure, thanks to the recent state budget passed by the Florida Legislature. The budget includes money for a slew of local...

Florida Industrial Sector Booms with Record Sales Volume and Development Activity in 2022     The U.S. industrial market has been rapidly growing since early 2020, driven by a surge in e-commerce and construction activity. This has led to a surge in leasing...

  A joint venture between Defined Companies, LLC, co-founded and led by Noah Leon and Steven Guasch, and Nadeb Investments Group, Inc., led by President Eben Mensah, has purchased a 7.86-acre parcel located adjacent to the Ellenton Premium Outlets in Manatee...

The Impact of Fed Fund Rate Increase on Cap Rates and Property Values The Federal Reserve raised its benchmark interest rate to its highest level in 15 years on December 14, 2022, leading to an increase in commercial lending rates. This raises the question of how this...

Growth is a key indicator of the health and success of any business or organization. It is the measure of how much a company or an industry is expanding, and it is often used to gauge the overall health of the economy. The latest update on growth in the business world...