Good morning, its Word of the Week Wednesday! Let’s take a look at lessee and lessor. In a lease agreement,
the lessee (tenant) is defined as the party that pays for the use of the asset or property. The lessor (landlord)
is the person that receives payments from the lessee in exchange for the usage of its asset or property.
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.
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.
The Tampa Bay Office Market is currently in a transition period right now. With many employees working from home or in a mixed office/home scenario employers are working to right-size their work space. While some companies are looking to downsize, others are looking to expand, creating a safer environment for their employees. This has led…
Commercial Partners Realty is pleased to announce that our office specialist Erik Anderson has represented the tenant SpaceLab Development, in the sublease of office space located at 100 2nd Avenue South. SpaceLab Development is extending its reach from Detroit and broadening its co-working services that offer various membership levels, ranging from a virtual mailbox to…
The Commercial Partners Realty team is pleased to announce our recent commercial real estate transactions. Jim Engelmann represented the seller in the sale of sale of 165 Acres of land that sold in 2 phases during the past 6 months. The property was located on the busy State Rd 54 corridor in Pasco County, FL….
Austin Karrick, an accomplished leader in the Tampa/St. Petersburg CRE industry, has been honored by Connect Media with its Next Gen Award. As an office and industrial real estate specialist for Pinellas County at Commercial Partners Realty Inc., Karrick is a dedicated team member and a partner in CPR’s Industrial and Office group, The QA…
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