GDP, The FED, Residential Construction | Economic Update

GDP Real GDP, which measures inflation-adjusted economic growth, increased at an annualized rate of 6.9% in Q4 2021, according to the advanced estimate released by the Bureau of Economic Analysis on January 27th. Q4’s reading is 4.6% above the Q3 2021 estimate....

Trends to Watch in CRE in 2022

Looking Through the (Murky) Looking Glass   OVERVIEW Commercial real estate weathered a difficult year in the wake of the COVID-19 pandemic. Physical distancing changed the way we inhabit and interact with physical space, and the cumulative effects of the virus...

Professional Park in Bradenton Sells for $11M

Bradenton, Fla. (December 28, 2021) – Senior Advisor, Tony Veldkamp, CCIM of SVN Commercial Advisory Group helped to coordinate the sale of a 100,000 SF office professional park on Cortez Road in Bradenton. The seller was SugarOak Wildewood. The buyer is Fullerton...

Small Upgrades make a difference to buyers and lessees of CRE

Upgrading a property is an investment, but it can pay big dividends We’ve all seen homeowners give their places a facelift before putting them up for sale. They paint rooms, swap out light fixtures and perform other upgrades to give the house more appeal to...

Office Building in Bradenton Sells for $432,000

Bradenton, Fla. (December 8, 2021) – Senior advisor Angela Varga, of SVN Commercial Advisory Group recently coordinated the sale of a 3,000 SF office building at 104 53rd Avenue East in Bradenton, FLA. The seller was Debra Clark. The buyer was Tim Burnell. The...