LAKELAND, FL, October 18, 2021 – SVN | Saunders Ralston Dantzler Real Estate continues to benefit from their unwavering focus to lead the land and commercial real estate industry with another record-setting quarterly sales report.
During Q3 2021, the firm closed a total of 100 deals which equated to 21,302 ± acres and 213,330 ± SF of sold or leased space. “These are exciting times, and while we welcome the current state of the market, we must hold steadfast in our pursuit to be more than just real estate agents to our clients. They rely on us to provide investment strategies on both the assets they own and those they should acquire,” said Dean Saunders, Founder & Senior Advisor of SVN | Saunders Ralston Dantzler Real Estate.
This quarter’s revenue figures proved this mentality with successful transactions ranging from a 240 ± acre farm offered by Georgia Senior Advisor, Bryant Peace. Ranch, recreational, and agricultural properties were the leading sales category with quarterly sales totaling $68,512,869. These ranches and farms are located as far south as Okeechobee County, Florida stretching north of the Florida-Georgia line in Early County, Georgia.
In keeping with the Florida real estate development trend over the last several years, land zoned for residential development equated to 24% of overall sales for July, August, and September transactions. The quarter’s single largest transaction came from Senior Advisors Dusty Calderon, David Hitchcock, ALC, CCIM, and Clay Taylor, ALC, who successfully sold a residential development parcel in Osceola County, Florida for $22,500,000.
On the company’s commercial (retail, office, industrial) front, Q3 sales were strong. “Our 3rd quarter commercial sales volume approached $20 million. There were several land development transactions, and we see increasing interest in parcels that can be developed for apartments. The strong population growth translates into increased demand for industrial and, to a lesser degree, retail commercial properties, both existing and to-be-developed,” reports Gary Ralston, Partner & Senior Advisor at SVN Saunders Ralston Dantzler Real Estate.
Of SVN | Saunders Ralston Dantzler’s sixty-five (65) agents, thirty-eight (38) contributed to the third quarter’s total of $119,747,821. New to the firm’s Thomasville, Georgia office, Tom Tuggle, closed on Lake District Preserve, a pristine timberland property located within north Georgia’s most coveted recreational destinations.
For the remainder of 2021, the firm’s CFO, Tyler Davis, is optimistic: “Because of uncertainty around proposed tax changes and effective dates, many of our clients are pushing to close deals by the end of the year. Proposed increases to capital gain tax rates, the proposed 3% surtax, and modifications to partnership income allocation rules are causing a desire to get deals closed in 2021. We anticipate an increase in deal volume and closings in Q4 2021.”
With listings like the private homesite of Deer Island off Florida’s Gulf Coast, the 109,079 ± SF, 11 buildings of the Tall Oaks Business Park in Polk County, Florida, and the 1,720 ± acres of Brown Ranch near Walt Disney World Resort, SVN | Saunders Ralston Dantzler Real Estate remains the country’s leading full-service land and commercial real estate brokerage.
About SVN | Saunders Ralston Dantzler
SVN | Saunders Ralston Dantzler Real Estate is a full-service land and commercial real estate brokerage with over $4.5 billion in transactions representing buyers, sellers, investors, institutions, and landowners since 1996. We are recognized nationally as an authority on all types of land including, agriculture, ranch, recreation, residential development, and international properties. Our commercial real estate services include marketing, property management, leasing and tenant representation, loan sales, valuation, advisory, and counseling services for office, retail, industrial, and multi-family properties. With over 70 expert advisors located in Florida and Georgia, we provide our clients with professional knowledge and resources to ensure the buyer’s and seller’s needs are met.