Commercial Partners Realty is pleased to announce that Kevin Yeager has been with our team for a whole year! Happy 1 year anniversary! Thank you for all the contributions you have made in making our company successful.

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CRE WORD OF THE WEEK
Good morning, its Word of the Week Wednesday! Lets take a Look at Commercial Information Exchange, or CIE. A CIE is a listing service for commercial properties to be advertised to other commercial brokers and sometimes to the public while providing information on availabilities, recent sale or lease transactions, market statistics, and contacts.

CPR Represents Seller in Sale of Industrial Building in St. Petersburg for $1,200,000.
Austin Karrick, CPR’s Industrial specialist, represented the seller, Industrial Leasing Corp., in the sale of a 15,300 sf Industrial building for the full asking price of $1,200,000. The property is located at 3131 Morris St N, which is situated in the high demand area of St. Petersburg, and is only minutes away from the I-275…

Commercial Partners Realty Welcomes Daphenie St Hilaire
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.

CRE WORD OF THE WEEK
Good Morning! It’s Word of the Week Wednesday! Today we will look at Triple Net Lease (NNN). This is a legal agreement where the tenant is responsible for base rent and operating expenses. The “triple” refers to three standard expense items: Common Area Maintenance (CAM), real estate taxes, and property insurance. #TripleNetLease #commercialrealestate #wordoftheweek #CAM…

Commercial Partners Realty Represents Buyer in Grand Central District.
Commercial Partners Realty is pleased to announce that our retail specialist Frank Bozikovich has closed on a new deal in the Grand Central District of Downtown St. Petersburg Florida. Frank represented the buyer BLR Financial, LLC in the purchase of an 8,000 SF Property located at 1900 Central Avenue, St. Petersburg. This property was sold…

Tampa Bay Industrial Outlook
The Tampa Bay industrial market is one of many nuances. There are some systematic similarities, but as real estate goes, location makes a difference. As a whole, the industrial market has continued to see strong growth as increased demand has resulted in higher property values and lease rates. As a result, new construction has continued…