The SVN® organization shares a portion of their new weekly listings via their SVN Live® Weekly Property Broadcast. Visit https://svn.com/svn-live/ if you would like to attend our weekly call, which we open up to the brokerage community.
2. www.svn.com
PAGE |
WELCOME NEW SVN ADVISORS
Advisor SVN Franchise & Location
Abigale McCormick SVN | Toomey Property Advisors, Mobile, Alabama
Steve Lin SVN | Vanguard, Santa Ana, California
Jake Rizzo SVN | Commercial Partners, Boca Raton, Florida
Luke Christian SVN | Bell Commercial, Atlanta, Georgia
Courtney Smith SVN | Creviston Realty, Inc, Roswell, Georgia
Karen Cunningham SVN | GO Commercial, Kailua-Kona, Hawaii
Jeff Piser SVN | Chicago Commercial, Rosemont, Illinois
Ronald Caughron SVN | Menish Commercial Real Estate, Louisville, Kentucky
3. www.svn.com
PAGE |
WELCOME NEW SVN ADVISORS
Advisor SVN Franchise & Location
Alexander McGillivary SVN | The Masiello Group, Rockland, Maine
Denise Bernard SVN | The Masiello Group, Bedford, New Hampshire
Michael Ciccone Jr SVN | Imperial Realty, Allentown, Pennsylvania
Karen Neidere SVN | Latus, Camp Hill, Pennsylvania
Scott Howell SVN | Retter & Company, Kennewick, Washington
5. www.svn.com
PAGE |
OFFICE DEMAND
● Demand for office space hit a modest lull in May, with the VTS Office
Demand Index (VODI) declining for the first time in five months. Office
demand remains 25% below its 2018-2019 average benchmark. Still,
office demand has improved considerably from its post-shutdown lows
when VODI dropped a vertical 85% below its pre-pandemic benchmark.
● More than half of all markets are within at least 25% of their pre-pandemic
averages through May. Chicago leads all cities in its path back to pre-
pandemic office demand levels, sitting just 14% below its 2018-2019
average.
● Chicago and Los Angeles were the only two metros that did not see a
decline in demand during May, with the Chicago VODI climbing by 5%
month-over-month, while the LA VODI remained flat.
ECONOMIC UPDATES
PROVIDED BY
36. www.svn.com
PAGE |
Please visit www.svn.com for more information
on the properties featured on today’s call and to
view all of SVN’s active listings.
DISCLAIMER
This information has been obtained from sources believed reliable. We have not verified it and make no guarantee,
warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only
and do not represent the current or future performance of the property. You and your advisors should conduct a careful,
independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.
All SVN® offices are independently owned and operated.
Thank You For Joining Us!