Good morning, welcome back to Word of the Week Wednesday! Let’s talk about covenant. A covenant
is a written agreement or restriction inserted into deeds or other legal contract documents stipulating
certain activities will or will not be allowed on the property.
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.
Good morning, Here’s another Word of the Week Wednesday! Let’s look at usable area. Usable area refers to space in a building that is available specifically to the tenant for use. Usable area is usually office or retail space that the tenant has sole control over.
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…
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.
Uncertainty = Opportunity Market conditions always change, it is inevitable. However, the pace of change has been greatly accelerated due to the pandemic, creating uncertainty in the commercial real estate and Capital markets. Users of office space have been uncertain as to how their needs of space will change. Recent data indicates that only 12%…
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…
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