It’s Word of the Week Wednesday! Let’s take a look at clear height. Clear height is the height
of a building starting from the ground floor to the bottom of the lowest hanging item on the
ceiling. Hanging items include sprinklers, lights, structural beams, etc.
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.
Good morning, it’s Word of the Week Wednesday again. Let’s take a look at full-service lease. A full-service lease is a lease that has an all-inclusive rental rate which includes both the base lease rental rate, utilities, janitorial costs and the operating expenses combined into one amount.
Commercial Partners Realty wishes everyone a Happy Labor Day! Our offices will be closed Sept. 6th. We hope you’re enjoying a long weekend of relaxation. #laborday #laborday2021 #commercialpartnersrealty #commercialrealestate #longweekend #HappyLaborDay
CPR wishes everyone Happy Holidays! We’ll see you in January! Our offices will be closed December 24th through December 31st.
Here is our new Word of the Week! Take a look at Absorption; measured by a property’s square footage, absorption explains the rate of leased up or vacated properties.
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…
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