Upturn in residential market leads to strong commercial growth

Migration of business owners into Florida gives CRE a boost    One real estate trend you can usually count on is that a boom in the residential market will lift the commercial real estate (CRE) market as well.  That’s certainly been the case in Florida during the...

Emerging Trends, Cap Rates & Office Demand | Economic Update

Emerging Trends in Real Estate  In PwC’s report on Emerging Trends in Real Estate for 2022, respondents highlighted a range of influential factors likely to impact real estate outcomes over the next year, including climate change, remote work, investor capital,...
More Tenants Plan To Increase Space Next Year Than Shrink It

More Tenants Plan To Increase Space Next Year Than Shrink It

Also, close to two out of five tenants said they will be preferring longer occupancy terms to get ahead of possible rent increases. More than double the share of commercial real estate tenants are planning to increase rather than decrease their space next year,...
Industrial Flex Park in Bradenton Sells for $4.95M

Industrial Flex Park in Bradenton Sells for $4.95M

Bradenton, Fla. (November 9, 2021) – Senior Advisor, Tony Veldkamp, CCIM of SVN Commercial Advisory Group helped to coordinate the sale of a 56,743 SF Office/Industrial Flex Park. The property, located at 4301 32nd Street West in Bradenton, FLA., was purchased by...
Apartments, Cap Rates, GDP | Economic Update

Apartments, Cap Rates, GDP | Economic Update

GDP Economic growth slowed in the third quarter, settling at an annualized growth rate of 2.0% after an increase of 6.7% in the second quarter. Thursday’s advanced estimates come in below most economists’ forecasts. The latest Wall Street Journal Economic Forecasting...