Morning everyone! It’s Word of the Week Wednesday again! Let’s look at floor area ratio. Floor area ratio, or FAR, is the connection between the total square footage of a building and the total square footage of the land parcel on which the building is located.
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CPR Team Recent Commercial Real Estate Transactions
CPR Team members recently completed over $17.9 million dollars in commercial real estate transactions in the Tampa Bay Market. CPR Team member Hayden Peiker represented the buyer, West Shell Point Road 3340, LLC in the purchase of Shell Point Marina, located at 3340 Shell Point Rd., Ruskin FL. The 3.6 Acre marina with 43 wet…
CRE WORD OF THE WEEK
It’s Word of the Week Wednesday! We’ve got another cool phrase from the commercial real estate business. Let’s take a look at capitalization rate, also known as cap rate. The cap rate is the rate of return that investors receive on an income producing property. The cap rate is calculated as the ratio between the…
CPR Represents Seller in 21 Acre Brooksville Land Deal
Commercial Partners Realty, Inc. announced today that Pasco land specialist, Jim Engelmann, along with David Culligan and Hayden Peiker, represented the seller, 21 Acres LLC, in the sale of 21 acres of development land located at 19200 Cortez Rd. in Brooksville FL. “The Florida market continues to be strong,” Engelmann says, “not just in Pasco…
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.
CPR Congratulates Operations Manager for ACoM
Commercial Partners Realty is pleased to announce Operations Manager Dana Koay has received her ACoM (Accredited Commercial Manager) designation. She has passed the necessary education to show core competency in commercial property management. Congratulations Dana! You are the property management Rockstar!
CPR is Hiring!
Commercial Partners Realty is looking to hire ambitious and motivated sales associates to join our team in the Tampa bay area! Contact us if you’re Interested at https://www.commercialpartnersrealty.com/available-positions/