Commercial Real Estate Insights
SVN Commercial Advisory Group starts year strong by managing $7.68 million sale of University Parkway property in Sarasota
Sarasota, Fla. (January 30, 2019) – SVN Commercial Advisory Group started 2019 off strong with the $7.68 million sale of a 14-acre University Parkway property in Sarasota. The buyer, LIV Development, plans to build a 240-unit Class A apartment community on the...
Commercial Real Estate Letters of Intent: Everything You Need to Know
After you’ve done your research, worked with your tenant representation broker, participated in site tours, and figured out your budget, the perfect commercial real estate property is finally in your sights. Unlike most residential real estate deals, commercial real...
SVN Commercial Advisory Group managing lease of prime build-to-suit opportunity adjacent to Ellenton Outlet Mall
Expert team at SVN Commercial Advisory Group selected to manage lease of movie theater complex next to Ellenton Outlet Mall in growing Manatee County, Florida Ellenton, Fla. (January 25, 2019) – SVN Commercial Advisory Group is offering a build-to-suit opportunity for...
New $17 million hotel banks on architectural focus to set itself apart
The 89-room hotel has a pool, restaurant, lounge, patio and 10 different room types. The Sarasota Modern hotel is bent on doing things with a bit of a design twist. The hotel’s shuttle is a 1970s Volkswagen bus. Suites feature clawfoot bathtubs on the balconies. And...
Teaching an Old Box New Tricks- Two stories of big-box adaptive reuse demonstrate its growing appeal
Most parents are familiar with the experience of purchasing an expensive gift for their young child, only to find that he or she would rather play with the empty box than the toy inside. It can take a child's imagination to see the potential of what isn't there....
How Flexible Space Will Change Real Estate in 2019
While 2018 was a fascinating year for the real estate industry, 2019 is set to be even more disruptive as economic headwinds mount, industry consolidation accelerates, building owners become “friend” or “foe,” and institutional capital continues to flow into the...
High Level of New Construction Will Continue to Strain Apartment Demand in 2019
Developers plan to deliver 337,000 new apartment units this year, up from 320,000 in 2018, according to RealPage. Developers will keep adding pressure on the apartment sector in 2019, with plans to open hundreds of thousands of new luxury units in 2019. New renters...
Tony Veldkamp and Matt Fenske of the SVN Commercial Advisory Group list 3.4 acres next to Manatee River; city plans to make it a ‘gateway
SARASOTA, Fla. (January 7, 2019) – Advisors Tony Veldkamp, CCIM, and Matt Fenske of SVN Commercial Advisory Group market and coordinate the sale of a 3.4-acre property critical to a community redevelopment project in Palmetto, Fla. The city is asking $2.95 million...
It’s Water, Water Everywhere at Waterside at Lakewood Ranch
It’s the first Lakewood Ranch community in Sarasota County. Lakewood Ranch, the enormously successful master-planned community, is having a growth spurt. Mid-sized gated communities are springing up to the north. They are nice but hardly noteworthy. There is a...