by SVN Commercial Advisory Group | Jul 14, 2021
Many CRE sectors remain healthy as businesses migrate to the Sunshine State There’s a whole lot of demand, not enough supply. That sums up much of the commercial real estate (CRE) market in the Florida cities of Bradenton and Palmetto. But builders and investors are...
by SVN Commercial Advisory Group | Jul 13, 2021
Unless the sale-leaseback market picks up, there is not a lot of new supply going to hit the market. Single-tenant transaction activity should remain high in 2021. However, some of that will be determined by the number of assets that will hit the market this year. In...
by SVN Commercial Advisory Group | Jun 30, 2021
Sarasota, FLA. (June 30, 2021) – 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 Ian Black. Bower...
by SVN Commercial Advisory Group | Jun 14, 2021
Inflation According to the Bureau of Labor Statistics, consumer prices rose by a seasonally adjusted 0.6% in May from the month prior. While the month-over-month reading was lower than April’s growth rate (0.8% MoM), May’s 5.0% year-over-year change in average prices...
by SVN Commercial Advisory Group | Jun 10, 2021
Industrial prices dropped 6.68% over April figures, forcing cap rates up slightly in response. The multifamily asset class continued along a growth trajectory last month, while industrial prices dropped significantly. This suggests the market may be correcting as the...
