Good morning, its Word of the Week Wednesday again! Let’s look at short sale. A short sale occurs when the sale price of a property is less than the amount owed to the lender and when the lender accepts this amount as full payment for the asset. Those funds not repaid to the lender can be written off by the lender.
Commercial Partners Realty wishes everyone a happy Thanksgiving and Native American Heritage Month. Our offices will be closed November 25th-26th. Happy Holidays!
Good Morning! It’s Word of the Week Wednesday. Let’s look at hard corner. A hard corner refers to a property located at a major intersection with traffic lights, where the commercial property can be considered more popular for retail.
David Culligan of Commercial Partners Realty and Jon Slater of Lincoln Property Company represented Peltz Shoes in the sale of a 60,000 SF building situated on a 4.39-acre site to Private Label Skin Care, for $4,725,000. Founded by Chris and Gayle Estey, Private Label Skincare Florida currently based in Dunedin, FL, began as a small…
It’s Word of the Week Wednesday again! Let’s introduce the phrase common area maintenance, or CAM. CAM refers to additional expenses paid by tenants meant to cover costs of daily operations of the property. The percentage of this fee is calculated by dividing tenant’s square footage by total square footage of the building.
Commercial Partners Realty is pleased to announce that our retail specialist Frank Bozikovich has closed on a new and interesting deal in the last quarter of 2022. Commercial Partners Realty is pleased to announce that our retail specialist Frank Bozikovich has closed on a new and interesting lease deal to start the last quarter of…
Commercial Partners Realty welcomes broker David Culligan to our team. As an industry expert, Culligan represents commercial clients throughout their entire real estate pursuits. Operating out of the firm’s Tampa office, David is responsible for new business development, as well as all-inclusive consultation for his customers both locally and nationally. His ultimate goal is to…
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