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.
Similar Posts
CRE WORD OF THE WEEK
Good morning, its Word of the Week Wednesday again! Let’s look at warm shell. Warm shell refers to any building that is minimally fitted with basic services that may include lighting, plumbing and HVAC. This makes the building ready to lease.
CPR Represents Seller in $2,250,000 Sale of St. Petersburg Office Building
Broker Scott Clendening of Commercial Partners Realty represented the seller, BridgePoint Church in the sale of an 11,312 SF office building located at 6735 Crosswinds Dr., St. Petersburg FL for $2,250,000. The Tyrone area office building featured in a recent St. Pete Catalyst article was sold to private investors. Located adjacent to the Tyrone…
CPR Represents Owner in Leasing Office Building to Health Care Group
Broker Scott Clendening of Commercial Partners Realty represented the seller, BridgePoint Church in the sale of an 11,312 SF office building located at 6735 Crosswinds Dr., St. Petersburg FL for $2,250,000. Prior to the sale, Clendening represented Bridgepoint in Leasing the entire building to Diagnostic Medical Clinic Group, represented by Paul Rutledge and Jen Ward…
CPR Team Announces Recent Transactions
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….
CRE WORD OF THE WEEK
Good morning, Here’s another Word of the Week Wednesday! Let’s look at return on investment, or ROI. An ROI is a measure used to evaluate the efficiency or profitability of an investment by directly measuring the amount of positive cash flow over a period of time, plus disposition equity realized on a particular investment divided…
CRE WORD OF THE WEEK
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.