Good morning, welcome back to Word or the Week Wednesday! Let’s look at cash on cash return. Cash on cash return is a measure of the net annual return, minus debt service, the investor made on a property in relation to the amount of cash or equity applied to the purchase.
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…
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…
Commercial Partners Realty would like to wish everyone a happy Hanukkah this year!
We are pleased to announce that Commercial Partners Realty’s Broker Scott Clendening assisted Bridgepoint Church with the sale of their 0.70-acre parking lot property in the Mirror Lake District and situated at the corner of 3rd Ave N & 8th St. N. in St. Petersburg. On April 8t the parking lot was sold for $4,950,000…
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…
Commercial Partners Realty (CPR) is pleased to announce that Kevin R. Yeager has joined our team as Vice President, Commercial Services. Kevin joins the CPR team after a decade at Colliers with a background in office, retail leasing, and tenant advisory services. CPR commercial services division focuses on partnering with national, regional, and local clients…
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