Commercial Real Estate Insights
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...
2 Acre Block in Downtown Bradenton Sells for $2.35M
Bradenton, Fla. (December 13, 2021) – Senior advisor Angela Varga, of SVN Commercial Advisory Group, recently coordinated the sale of a 2-acre block of land at 817 14th St. West, 818 & 826 13th St. West, and 1301 8th Ave West in Bradenton, FLA. The seller was...
Office Building in Bradenton Sells for $432,000
Bradenton, Fla. (December 8, 2021) – Senior advisor Angela Varga, of SVN Commercial Advisory Group recently coordinated the sale of a 3,000 SF office building at 104 53rd Avenue East in Bradenton, FLA. The seller was Debra Clark. The buyer was Tim Burnell. The...
Upturn in residential market leads to strong commercial growth
Migration of business owners into Florida gives CRE a boost One real estate trend you can usually count on is that a boom in the residential market will lift the commercial real estate (CRE) market as well. That’s certainly been the case in Florida during the...