Commercial Real Estate Insights
DeMarcay Luxury Condos Set Groundbreaking Date
The DeMarcay project will mark the beginning of the process for preserving the two historic façades and selected interior materials from the former hotel and cigar factory situated on the current site. A rendering of the new DeMarcay condo. IMAGE: COURTESY PHOTO The...
Retailers Launch Holiday Pop-Ups to Test the Market
Holiday pop-ups are growing in popularity as a way for Internet companies to test brick-and-mortar locations. Holiday pop-up shops have become an important research opportunities for retailers. Internet retail companies are launching pop-up shops during the holiday...
Florida Gulf Coast Condo Nears Completion
Blvd Sarasota to Offer City, Water Views A luxury condominium on Florida’s Gulf Coast reached a construction milestone that puts the 18-story building on pace to open in the spring. Core Development of Wichita, Kansas, said its Blvd Sarasota project at 1224...
SVN Commercial Advisory Group manages sale of Class A, Medical Surgery Center in Bradenton for $3.6M
SARASOTA, Fla. (October 9, 2019) – Senior Advisors, Tony Veldkamp, CCIM and Bob Morris of SVN Commercial Advisory Group recently coordinated the purchase and sale of a 9,580 SF, 1.1 acre, Medical Surgery Center in Bradenton. BATH, LLC, was the seller, represented by...
SVN Commercial Advisory Group Manages Sale of Multifamily Asset in Historic Laurel Park District
SARASOTA, Fla. (October 8, 2019) – Senior Advisor, Peter Bartys of SVN Commercial Advisory Group recently coordinated the Sale of the 5-Unit "Poet Carriage House" in the Historic Laurel Park District of Downtown Sarasota. 525 Rawls Inc., was the Seller, represented by...
SVN Commercial Advisory Group Manages Sale of The Beach Club at Anna Maria for $3.7M
SARASOTA, Fla. (October 8, 2019) – Senior Advisor, Mike Migone,CCIM of SVN Commercial Advisory Group recently coordinated the sale of the 20,996 SF, 14-unit Beach Club at Anna Maria in Bradenton Beach. Raps Development, LLC, was the seller. The buyer was Jacaranda...
CoStar Economy: Trade War Looms Over Fed Deliberations
"Economists are really good at saying we just had a recession. They are not so good at expecting a recession.” –NY Fed President John Williams The trade war left its bruises all over the latest data reports. The ISM Manufacturing Index, an index of business confidence...
Small Multifamily Properties Offer Affordable Housing Investment Opportunities
Demand for data highlighting investment opportunities for small multifamily properties is growing. This is buoyed by investor interest and the need for affordable housing. Small multifamily assets with 5 to 50 units and under a $10 million sales price could solve the...
More South Florida Breweries on Tap Despite Uphill Battle for Real Estate
Breweries are experiencing explosive growth as consumers develop a taste for homegrown offerings, but opening a brewery isn't easy. Jose Mallea set out in 2012 to open a brewery in Miami’s Little Havana neighborhood, but the city had yet to craft its zoning...