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.
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Commercial Partners Realty is pleased to announce some new transactions in the Tampa Bay market. Team member Marko Radosavljevic represented the buyer, Nextteq LLC., in the purchase of a 22,500 SF Tampa warehouse. Located at 13901 Lynmar Blvd in Tampa, this property had previously been under contract twice before the final sale, and the purchase…
Commercial Partners Realty Welcomes Marko Radosavljevic
Commercial Partners Realty is pleased to announce that Marko Radosavljevic has joined our real estate team. Marko began his career in 2017 when he graduated from the University of South Florida with a bachelor’s degree in marketing. His first job after college was with a digital marketing agency, where he quickly realized his true passion…
Commercial Partners Realty Represents Tenant in Spectrum Technology Park.
Commercial Partners Realty is pleased to announce that our President broker, Scott Clendening, has successfully represented the tenant Ensurem, LLC in securing a new office space. The leased suite, located in the Spectrum Technology Park at 8550 Ulmerton Road, offers a generous 11,490 square feet of premium office space that will undoubtedly accommodate the growing…
CRE WORD OF THE WEEK
Good morning, its Word of the Week Wednesday! Lets take a Look at Commercial Information Exchange, or CIE. A CIE is a listing service for commercial properties to be advertised to other commercial brokers and sometimes to the public while providing information on availabilities, recent sale or lease transactions, market statistics, and contacts.
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…
Happy Holidays! Office Closed
CPR wishes everyone Happy Holidays! Our offices will be closed December 26th through December 30th. We’ll see you in 2023!