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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Recent Transactions
The QA Team of Dan Quarles, Austin Karrick and Erica Lovingood continue to have a strong year in 2019. The following are the most recent transactions from Commercial Partners Realty’s Pinellas County Office/Industrial team. Represented the landlord, Mainstream America, Inc., in the lease of 15,000 SF of flex space in the Petersburg Commerce Center, located…
CRE WORD OF THE WEEK
Hello, Its Word of the Week Wednesday! Today we have Land Assemblage, where 2 or more parcels of land that are adjacent can be combined into one parcel of land. This can give buyers greater development opportunities and sellers obtain higher values on combined land.
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, Inc. Announces sale of .12 AC of land for development in the Tampa CBD
Commercial Partners Realty, Inc. is pleased to announce the sale of a .12 AC parcel of raw land located at 1013 N. Franklin St, Tampa, FL 33602. The sale price was $850,000 which translates to over $7 Million per acre, making this one of the highest value per acre land transactions completed this year in…
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.
Happy Veterans Day!
Commercial Partners Realty wishes everyone a Happy Veterans Day! We would like to extend our gratitude to our veterans and others who have served, past and present.