Commercial Real Estate Insights
Lemon Avenue project to begin next week
The city is undertaking a seven-month effort to redesign a downtown street and park. Construction on a Lemon Avenue streetscape project is set to begin Monday, a process expected to continue through December as the city invests $3.5 million into redesigning the...
EPOCH, a New Condo Building, Breaks Ground in Downtown Sarasota
Seaward Development broke ground on EPOCH, a boutique condominium community of 23 residences located between South Palm and Gulfstream avenues in downtown Sarasota. Seaward Development principals Patrick DiPinto and David Hargreaves held an official groundbreaking...
Verizon Ranks Sarasota No. 2 on List of Best Small Cities to Start a Business
America has become the veritable poster child of the startup era. It’s hard to look at the surge of self-made billionaires across all industries in the US, with their humble startup beginnings, and not feel a certain amount of awe. Things around here show no sign of...
Opportunity Zones VS 1031 Exchanges
The new program offers another route to postpone or eliminate taxable gains. While the tax benefits of Section 1031 exchanges in commercial real estate are well-known to most real estate professionals, the new qualified opportunity zone program now offers another...
Brick-and-Mortar’s Pathway: The shopping center is not doomed — if owners can adapt.
For the brick-and-mortar retail industry, success begins and ends with the ability to adapt to market changes. In recent years, retailers such as Amazon have completely disrupted how consumers make purchases by creating a one-stop shop, e-commerce channel. With...
6 Commercial Lease Clauses to Avoid
When you enter into a commercial lease negotiation, you do so in good faith and want to believe that the landlord is presenting you with a fair agreement. Unfortunately, there is always a chance that the landlord has included clauses that weigh heavily in their favor...
What to Know About The Lease Extension Clause
When you're signing a commercial lease, the extension clause may not seem as important as some other details like the rent and CAM, but it's a mistake not to carefully read the extension clause. Because tenants tend to receive the most benefits from this portion of...
SVN Commercial Advisory Group, expands presence into Tampa Bay with new Advisor, David Kinnard
Sarasota, Fla. (April 25, 2019) – SVN Commercial Advisory Group has added David Kinnard, Advisor to support the company’s growth efforts in the Retail, Office and Medical segments. Kinnard, who has an MBA from Florida State University, joins other advisors across the...
Steady Course; Office investors work to place ‘dry powder.’
The good times have been rolling along in the office investment sales market. An ample supply of equity and debt has fueled a steady level of sales activity over the past year, and many expect that momentum to continue in the first half of 2019. “Even though we might...