Commercial Real Estate Insights
Omicron Will ‘Hinder, But Not Derail’ CRE Recovery
“While Omicron is a little different, we think most of the evolutionary decisions have already been made.” The omicron variant is expected to “hinder, but not derail” the recoveries for commercial real estate and the overall economy, according to a new analysis...
Industrial Property in Sarasota Sells for $2.47M
Sarasota, Fla. (January 11, 2022) – Senior advisor Brad Lindberg, of SVN Commercial Advisory Group recently coordinated the sale of a 26,100 SF Industrial property in Sarasota at 7321 Trade Court. The seller was The J.O William Lindberg Trust U/A. The buyer was HCH...
Middle Market CRE Investment Is Ripe With Opportunity
Too small for the big institutions to notice and too large for high-net-worth investors, the middle market is a rare sweet spot for CRE investors. There is no shortage of capital searching for opportunities in commercial real estate. In most cases, this has...
Investment Property in Bradenton Sells for $2.05M
Bradenton, Fla. (January 6, 2022) – Both Matt Fenske and Senior Advisor, Tony Veldkamp, CCIM of SVN Commercial Advisory Group recently coordinated the purchase of a 5,104 retail building. This property stands at 6581 SR-70 E in Bradenton, FLA. SRQIM, LLC sold the...
Trends to Watch in CRE in 2022
Looking Through the (Murky) Looking Glass OVERVIEW Commercial real estate weathered a difficult year in the wake of the COVID-19 pandemic. Physical distancing changed the way we inhabit and interact with physical space, and the cumulative effects of the virus...
Professional Park in Bradenton Sells for $11M
Bradenton, Fla. (December 28, 2021) – Senior Advisor, Tony Veldkamp, CCIM of SVN Commercial Advisory Group helped to coordinate the sale of a 100,000 SF office professional park on Cortez Road in Bradenton. The seller was SugarOak Wildewood. The buyer is Fullerton...
Apartment Market Activity, Holiday Spending, Inflation | Economic Update
Inflation The Consumer Price Index increased by 6.8% year-over-year through November 2021, the largest annual increase since June 1982. Inflation climbed on a seasonally adjusted 0.8% month-over-month, 10 basis points lower than October’s increase. Following a recent...
Small Upgrades make a difference to buyers and lessees of CRE
Upgrading a property is an investment, but it can pay big dividends We’ve all seen homeowners give their places a facelift before putting them up for sale. They paint rooms, swap out light fixtures and perform other upgrades to give the house more appeal to...
Future Self Storage Site in Sarasota Sells for $2.375M
Sarasota, Fla. (December 17, 2021) – Advisor, Mark Bower of SVN Commercial Advisory Group recently coordinated the sale of a future self storage site. The 3.75 acres of land at 8301 Fruitville Road in Sarasota, FL. 8301 Fruitville, LLC, was the seller. Premier A-2...