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.
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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…
CRE WORD OF THE WEEK
Good morning, its Word of the Week Wednesday! Lets take a look at special warranty deed. Special warranty deed is a deed in which the seller, also known as grantor, of a property only warrants against problems or encumbrances in the property title that occurred during the grantor’s ownership.
Recent Commercial Partners Realty’s Real Estate Deals.
Commercial Partners Realty is pleased to announce some new transactions in the Tampa Bay market. Team member Marko Radosavljevic represented the buyer, Nextteq LLC., in the purchase of a 22,500 SF Tampa warehouse. Located at 13901 Lynmar Blvd in Tampa, this property had previously been under contract twice before the final sale, and the purchase…
CRE WORD OF THE WEEK
Good morning everybody, It’s Word of the Week Wednesday! Let’s take a look at due diligence. Due diligence is the important process of investigating all issues and information on a property that would affect the desirability and purchase/sale of that property. A prospect is generally given a due diligence period to conduct inspections and tests…
CRE WORD OF THE WEEK
Good morning, welcome back to Word or the Week Wednesday! Let’s begin with the phrase purchase and sale agreement, also known as a PSA. This type of agreement is between a seller and a buyer of real estate or investments that establishes several rights and obligations for both the seller and buyer.
CRE WORD OF THE WEEK
Good morning and happy New Year! It’s Word of the Week Wednesday, and it’s the last Wednesday of 2021! Let’s take a look at build-to-suit. Build-to-suit refers to a commercial space or building that is constructed to the client’s specifications and needs. The user of that space or building will have input on concept, design,…