Welcome to Commercial Partners Realty, Daphenie St. Hilaire! We are thrilled to have you on board as a commercial real estate agent specializing in office spaces in mid Pinellas County. Your experience in property management and lease administration, coupled with your commitment to putting clients’ needs first, make you a valuable addition to our team.

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CRE WORD OF THE WEEK
Good morning, welcome back to Word of the Week Wednesday! Let’s talk about covenant. A covenant is a written agreement or restriction inserted into deeds or other legal contract documents stipulating certain activities will or will not be allowed on the property.

1031 Talk
Let’s talk about 1031 – not Halloween, but something that faced its own scare this fall – the tax deferment program used by many commercial real estate investors. The original version of the American Families Plan proposed a $500,000 cap on the popular capital gains deferment vehicle. However, the most recent version of the bill…

QA Team Partner Austin Karrick Receives Connect Media Next Gen Award
Austin Karrick, an accomplished leader in the Tampa/St. Petersburg CRE industry, has been honored by Connect Media with its Next Gen Award. As an office and industrial real estate specialist for Pinellas County at Commercial Partners Realty Inc., Karrick is a dedicated team member and a partner in CPR’s Industrial and Office group, The QA…

CPR Represents Owner in Leasing Office Building to Health Care Group
Broker Scott Clendening of Commercial Partners Realty represented the seller, BridgePoint Church in the sale of an 11,312 SF office building located at 6735 Crosswinds Dr., St. Petersburg FL for $2,250,000. Prior to the sale, Clendening represented Bridgepoint in Leasing the entire building to Diagnostic Medical Clinic Group, represented by Paul Rutledge and Jen Ward…

CRE WORD OF THE WEEK
Good morning, its Word of the Week Wednesday! Let’s take a look at lessee and lessor. In a lease agreement, the lessee (tenant) is defined as the party that pays for the use of the asset or property. The lessor (landlord) is the person that receives payments from the lessee in exchange for the usage…

Commercial Partners Realty Represents Tenant in the Tampa Airport Industrial Sub-market.
Commercial Partners Realty is excited to announce that our Airport Industrial specialist Marko Radosavljevic has recently completed a lease transaction for his client, the Tampa Bay Times. The lease was for 16,185 SF of warehouse space in the Thompson Center II industrial park located at 5411 & 5505 Johns Rd Tampa. This location is ideal…