SVN | Saunders Ralston Dantzler Realty Reports Quarterly On Industrial, Office, Retail and Multi-Family Property Values
LAKELAND, FL, February 11, 2019 — SVN | Saunders Ralston Dantzler Realty (SVNSRD) released a market report on qualified sales data for the third quarter of 2018. The report provides a comprehensive look at commercial real estate values in Polk County and covers the industrial, office, retail and multi-family property sectors.
The publication includes a list of the Top 10 sales from the quarter overal
l and by sector. Some highlights from this issue are:
OFFICE MARKET: One trend to observe in 2019 is the re-emergence of executive suites. New projects are opening across Polk County, including one in the Dixieland neighborhood of Lakeland that charges more than $1,000 per month for a minimalist, private office with exquisite common area amenities.
INDUSTRIAL MARKET: In the third quarter of 2018, there continued to be a significant increase in the demand and purchase of industrial buildings and industrial-zoned land in the Polk County area. Owners and users of industrial land want to be located near and adjacent to the I -4 corridor. They are especially attracted to sites that have ease of access to I -4.
RETAIL MARKET: National retail sales, as well as Florida retail sales, are growing by almost 5%. Retail sales in Florida are bolstered by Florida visitors as tourism is at record levels and is expected to increase nearly 7%.
MULTI-FAMILY MARKET: Right now we are in our eighth consecutive year of positive news in the Multi-Family sector. This is evidenced by a 31% rise in apartment rents across the nation since January of 2011, as recently reported by Yardi-Matrix.
To download a copy of the SVNSRD Market Report, visit srdcommercial.com/marketreport.
Heather Celoria, Marketing Manager
HCeloria@SRDcommercial.com | 863.272.7151
About SVN | Saunders Ralston Dantzler Realty
SVN | Saunders Ralston Dantzler Realty (SVNSRD) is located at the center of Florida’s I-4 corridor. With intimate knowledge of local markets, a recognized national brand and global reach through SVN offices worldwide, SVNSRD offers proven leadership and collaborative expertise. Founded by three highly-recognized CCIM-designated Florida brokers, the company brings together experts in all aspects of real estate. We provide services to land and commercial clients through both SVNSRD and our land brokerage, SVN | Saunders Real Estate. For more information, please visit SRDcommercial.com.