Commercial Real Estate Insights
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 –...
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...