Morning! It’s Word of the Week Wednesday again! Let’s look at grade level loading. Grade
level loading refers to a loading door or entryway of an industrial property that is leveled to
the ground or street. This type of loading door provides easy access for hand trucks, dollies
or fork lifts for product to be placed directly in the warehouse with drive in access.
It’s Word of the Week Wednesday again! Let’s introduce the phrase common area maintenance, or CAM. CAM refers to additional expenses paid by tenants meant to cover costs of daily operations of the property. The percentage of this fee is calculated by dividing tenant’s square footage by total square footage of the building.
Jim Engelmann of Commercial Partners Realty represented the buyer, NAAM Property Management, in the purchase of the Bayshore Annex Building, located at 1001 S. MacDill in Tampa FL. The 2,735 SF building sold for $3,550,000. The multitenant office building in South Tampa is located just a few blocks away from Palma Ceia Country Club. The…
Good Morning! It’s Word of the Week Wednesday. Let’s look at hard corner. A hard corner refers to a property located at a major intersection with traffic lights, where the commercial property can be considered more popular for retail.
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.
Commercial Partners Realty has launched a property management division operating throughout the Tampa Bay region. Commercial Partners Property Management is committed to providing clients with expertise that comes from years of practice and advanced training in commercial and investment real estate. Our property managers are passionately committed to integrity, quality and service and look forward…
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.
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