Medical Office Building in Braden River Business Center Sells for $1.075M
Advisors work together in a rare joint listing to sell the property Sarasota, Fla. (August 5, 2021) – Senior Advisor, Tony Veldkamp, CCIM, and Advisor, Matt Fenske of SVN Commercial Advisory Group have managed the sale of a 5,000 SF, two-unit medical office building....
Demand continues to soar for Florida mobile home parks
Market scarcity, need for affordable housing gives sellers a major advantage Mobile home parks make up a red-hot investment market in Florida commercial real estate (CRE) right now. The one drawback is that they’re getting increasingly difficult to find -- almost...
Senior Advisor, Angela Varga Coordinates $1.015M MedSpa Lease
Bradenton, Fla. (August 2, 2021) – Senior advisor Angela Varga, of SVN Commercial Advisory Group recently coordinated the 10-year lease of a 4,480 SF office/medical building at 6114 Manatee Avenue West in Bradenton, FLA. LORKAT Investments is the landlord. GAIA...
Starbucks Anchored Property in Bradenton Sells for $1.75M
Sarasota, FLA. (July 28, 2021) – Senior advisor Mike Migone, CCIM of SVN Commercial Advisory Group recently coordinated the sale of a 6,752 SF, multi-tenanted, retail building at 5783 Manatee Avenue West in Bradenton, FLA. Mike represented both the buyer and seller in...
CRE Transactions Reach Pre-Pandemic Levels In Q2
CRE transactions in the hot industrial and apartment sectors posted the strongest second quarter on record for sales across all deal structures. The US commercial real estate sales market passed pre-pandemic levels in the second quarter, according to Real Capital...
Peter Bartys Manages Three Transactions at Destination Drive
Osprey, Fla. (July 26, 2021) – Senior advisor Peter Bartys, of SVN Commercial Advisory Group recently coordinated the sale of three commercial units at Destination Drive in Osprey, FL. Bartys represented the buyer of units A522 & A523 and represented both seller...
Jobs Report, Zillow, Trepp Delinquency Data | Economic Update Mid-July
• The Labor Department’s June Jobs Report showed an encouraging 850,000 added positions, well above Bloomberg’s reported consensus forecast of 720,000. Payroll increases were aided by the continued easing of social distancing measures across the US, increases in the...
Labor Day, The Donut Effect & Existing Home Sales
• U.S. companies are increasingly looking to lure workers back to the office, with many now setting Labor Day as the deadline for their employees to return to the office. • While many employers have lauded remote work as a success, increasingly, company executives are...
What to Expect When your Expecting Inflation
Mark Bower of SVN CAG Manages Sale of 7.25 Acres in Bradenton
Sarasota, FLA. (June 30, 2021) – Associate Advisor, Mark Bower of SVN Commercial Advisory Group recently coordinated the sale of 7.25 acres of land at 5703 and 5715 15th Street East in Bradenton, FLA. The seller, MLYK Enterprises, LLC was represented by Matt Kezar of...