Good morning! It’s Word of the Week Wednesday! Today let’s look at Real Estate Investment Trust, or
“ REIT ” for short. REIT is a type of investment portfolio company that allows individual investors to own
fractional shares of income producing and commercial real estate. For investors, using REIT’s may help
generate a steady income stream.
Good morning, its Word of the Week Wednesday! Let’s take a look at rentable area. Rentable area refers to the tenant’s usable square footage of a property alongside their portion of the building’s common area.
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.
The Land Outlook The last several months have created a tremendous amount of rethinking, retooling and reacting due to COVID-19. Many of the usually strong commercial real estate products have been hit hard by the pandemic and its effect on different industries. Hotels, bars, assisted living facilities, as well as an already compromised retail sector,…
New development is happening everywhere in Pasco County, from Hudson in the West to Zephyrhills in the East! Commercial Partners Realty’s Jim Engelmann, aka “Mr. Pasco”, is a huge driver of this growth and recently assisted his clients in closing on two land deals in Hudson and Zephyrhills this last month. In Hudson, Jim represented…
The Mirror on Mirror Lake Drive Sold and Leased Commercial Partners Realty is pleased to announce that broker Scott Clendening has represented the seller and landlord of newest speculative quality office space in St. Petersburg. The Mirror, located at 132 Mirror Lake Drive N. is a modern, class A building, the new tenants will experience…
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…
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