Commercial Real Estate Insights
Ryan Edwards joins SVN Commercial Advisory Group specializing in Retail, Industrial and Self-Storage Investment Sales
Sarasota, Fla. (June 14, 2022) – SVN Commercial Advisory Group has added Ryan Edwards to the growing retail, industrial and self-storage investment sales team for the Tampa Bay based brokerage firm. Edwards, joins other advisors across the state and country who have...
Consumer Price Index, Workplace Occupancy, Remote Work – Economic Update June 10
1. CONSUMER PRICE INDEX Consumer prices rose 8.6% year-over-year through May, according to the Bureau of Labor Statistics’ Consumer Price Index (CPI). May’s reading brings inflation back up to its forty-year high last reached in March, reversing what appeared to be...
SVN Commercial Advisory Group manages $3.65 million sale of Stearns Bank property
Retail banking industry sees increase in sale-leasebacks, repurposed assets Venice, Fla. (June 10, 2022) - Brad Lindberg, Senior Investment Advisor for SVN Commercial Advisory Group, has managed the $3.65 million sale of a two-story bank building in Venice,...
Multi-tenant retail property in Riverview sells for $4.35 million
SVN Commercial Advisory Group manages sale of Shoppes at Summerfield Crossing Riverview, Fla. (June 8, 2022) – Matt Fenske and Tony Veldkamp, CCIM, of SVN Commercial Advisory Group have managed the $4.35 million sale of a multi-tenant retail plaza known as the...
U.S. Geological Survey will operate from spacious facility in prime Tampa location
SVN Commercial Advisory Group lands government tenant for University Corporate Park Tampa, Fla. (May 31, 2022) – Advisors from SVN Commercial Advisory Group have managed a leasing deal with the General Services Administration (GSA) for an 18,500-square-foot...
Punta Gorda land sells for $3.2 million; will be site of major multifamily complex
Punta Gorda, Fla. (May 25, 2022) – Mike Migone, CCIM, of SVN Commercial Advisory Group has managed the $3.2 million sale of land that will be the site of 270 multifamily units in Punta Gorda, Fla. The property consists of 31 acres at 24750 Sandhill Blvd....
Huge motorcoach storage facility sells for $12.1 million in Sarasota
Gail Bowden of SVN Commercial Advisory Group connects buyer and seller to land major deal Sarasota, Fla. (May 13, 2022) – Gail Bowden, Senior Investment Advisor for SVN Commercial Advisory Group, has managed the $12.1 million sale of a massive motorcoach...
Sid Bhatt, SIOR Achieves SIOR Designation
Sid Bhatt, CCIM, SIOR Achieves SIOR Designation from Society of Industrial and Office REALTORS® Sarasota, Florida (May 6, 2022) — Sid Bhatt, CCIM, SIOR of SVN Commercial Advisory Group has achieved the SIOR industrial designation. This designation was awarded...
Treasury Yield, Office Leasing, Hud Budget | Economic Update April 12
Treasury Yield Inversion • The yield on the 5-year and 30-year US treasuries inverted on March 28th for the first time since 2006. This comes raising fears of an upcoming recession. • Yield on the 5-year note reached 2.56%. While the yield on the 30-year at one point...