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Property Prices & Google’s Purchase | Economic Update

by SVN Commercial Advisory Group | Oct 5, 2021

Commercial Property Prices According to the Real Capital Analytics commercial property price index (CPPI), asset prices accelerated through August, growing an average of 1.5% from a month earlier. Moreover, the national all-property type CPPI is up a robust 13.5%...

Transport’s ‘Rule of 1.5’ is Driving Demand for the Industrial Market

by SVN Commercial Advisory Group | Sep 22, 2021

Rising transportation costs are also helping to fuel record US warehouse leasing pace; third party logistics companies double their leasing activity. The US industrial market is on pace for a record leasing volume with activity through July reaching 587 million square...

Return to Office, Census Figures, Sub-Sectors | Economic Update

by SVN Commercial Advisory Group | Aug 25, 2021

Return to Office A survey by Morning Consult that tracks employees’ appetite for returning to the office showed that sentiment has fallen in recent weeks, with only 55% of workers saying that they feel comfortable returning to the office. According to the report, the...

Prologis Expects Industrial Rent Growth Will Be a Record 10% This Year

by SVN Commercial Advisory Group | Aug 11, 2021

Absorption for the first half of the year reached an unprecedented 194 million square feet. Warehouse rent rates are rising at a record pace, says Prologis in the latest report of its Industrial Business Indicator. Rents rose by a record 4% in the second quarter while...

Senior Advisor, Mike Migone manages $6.5M industrial deal

by SVN Commercial Advisory Group | Jun 23, 2021

Senior Advisor locates prime Clearwater facility with nearly 74K square feet   Sarasota, Fla. (June 24, 2021) – Mike Migone, CCIM of SVN Commercial Advisory Group managed a $6.5 million property deal in Clearwater, Fla., for a client who will convert it into a...
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