Commercial Real Estate Insights
A Complete Checklist and Outline for Moving to a New Office
New Office moves always start out with excitement. The thrill of a larger space, upgraded amenities, or a better location are exactly why companies expand to a new location. But after your search, endless tours, negotiations over lease agreements, and finally signing...
Senior Advisor, Sean Sanford joins SVN Commercial Advisory Group in Sarasota, Fla.
SARASOTA, Fla. (February 28, 2019)- SVN Commercial Advisory Group is pleased to announce the addition of Senior Advisor, Sean Sanford to the team. Sean has more than 23 years’ experience assisting clients in retail sales and leasing, which includes investment...
Package deal: Long-vacant former post office given new lease on life
Commercial investors passed on it for more than a decade. Now a local government will give it a go. It took eight months of wrangling with the U.S. Postal Service bureaucracy and working with a local historical society to piece together a muddled title. But in...
Nuveen buys Tampa apartments for $62 million
Giant investment firm acquires 5 West in Rocky Point as demand for rentals grow Nuveen Real Estate, the investment management arm of Teachers Insurance & Annuity Association, has invested $61.9 million to acquire the 5 West Apartments in Tampa’s Rocky Point area....
Market Spotlight: Sarasota.Manatee Retail Market
Steady activity and limited development has whittled away at vacancy rate and pushed rents up Despite the tumult the retail industry has experienced during the length of the current economic growth cycle, with store closings and bankruptcies and disruptions from...
Caddis Secures $35.7 Million Construction Loan for Tampa-Area Senior Housing Project
Capital One Provides Financing for 182-Unit Heartis Venice Caddis, a healthcare real estate investment, development and management firm, secured $35.7 million construction loan with Capital One to help fund its Tampa-area senior housing project, dubbed Heartis Venice....
Moody’s Launches CRE Data Network As Potential Competitor To CoStar
The commercial real estate data sector has long been dominated by D.C.-based CoStar Group, but a new network, launched this week by Moody's Analytics, appears poised to take on the industry leader. Moody's Analytics, a subsidiary of financial services giant Moody's...
Developers Adding Apartments at a Breakneck Pace in Downtown St. Petersburg
CoStar Market Insights: Measured as a Percent of Existing Apartment Inventory, 19.9 Percent of Apartments in Downtown St. Petersburg are Under Construction, By Far the Most of Any Tampa Neighborhood More market-rate apartments are going up in downtown St. Petersburg...
Coworking Space vs Traditional Commercial Leases: Finding the Best Fit for Your Needs
When you’re a small business owner, you look for every possible advantage. There are no shortcuts to success, but with the dawn of shared or coworking spaces in larger cities where commercial real estate comes at a premium, it makes sense to consider your options –...