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Housing Inventory, CPI, Retail Sales | Economic Update

by SVN Commercial Advisory Group | Jan 26, 2022

CPI Inflation The Consumer Price Index (CPI) rose by 7.0% year-over-year in December, its highest increase in almost four decades. CPI climbed by 0.5% month-over-month in December on a seasonally adjusted basis, 30 basis points lower than November’s 0.8% increase....

 Investment Property in Bradenton Sells for $2.05M

by SVN Commercial Advisory Group | Jan 6, 2022

Bradenton, Fla. (January 6, 2022) – Both Matt Fenske and Senior Advisor, Tony Veldkamp, CCIM of SVN Commercial Advisory Group recently coordinated the purchase of a 5,104 retail building. This property stands at 6581 SR-70 E in Bradenton, FLA. SRQIM, LLC sold the...
Apartments, Cap Rates, GDP | Economic Update

Apartments, Cap Rates, GDP | Economic Update

by SVN Commercial Advisory Group | Oct 29, 2021

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...
Pharmacy Foot Traffic Hits Pre-Pandemic Levels

Pharmacy Foot Traffic Hits Pre-Pandemic Levels

by SVN Commercial Advisory Group | Oct 18, 2021

Pharmacy foot traffic continued double-digit growth patterns as the retail sector continued its post-COVID-19 recovery, with CVS and Walgreens leading the pack.  The brands are poised to return to year-over-two-year growth by March 2021, according to new data from...

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...
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