Good morning, its Word of the Week Wednesday! Let’s take a look at pro forma. Pro forma is a financial analysis forecasting a property’s cash flow using certain projections or presumptions. This can be estimated by using a combination of historical operating data growth assumptions and current market information.
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Commercial Partners Realty Represents Tenant in Waterfront Arts District.
Commercial Partners Realty is pleased to announce that our office specialist Erik Anderson has represented the tenant SpaceLab Development, in the sublease of office space located at 100 2nd Avenue South. SpaceLab Development is extending its reach from Detroit and broadening its co-working services that offer various membership levels, ranging from a virtual mailbox to…
CPR Announcing Kevin Yeager’s 1 year Anniversary
Commercial Partners Realty is pleased to announce that Kevin Yeager has been with our team for a whole year! Happy 1 year anniversary! Thank you for all the contributions you have made in making our company successful.
CRE WORD OF THE WEEK
It’s Word of the Week Wednesday! Let’s look at Accessibility. When an agent refers to this, they are talking about the convenience of entering a property. This could mean easy access from the street by a motor vehicle, property accommodations and even ADA compliance (Americans with Disabilities Act.)
Commercial Partners Realty’s Jim Engelmann Wins CREW Tampa Bay Excellence Sale of the Year Award
Commercial Partners Realty agent Jim Engelmann was recently honored with the CREW Tampa Bay 2021 Sales Transaction Excellence Award. Engelmann earned the award for his work on the sale of the 164-acre Cypress Ranch development, in which he represented the sellers of the property, which sold for $13,750,000.00. Jim is a land specialist in Pasco…
CRE WORD OF THE WEEK
Good morning, it’s Word of the Week Wednesday again. Let’s take a look at full-service lease. A full-service lease is a lease that has an all-inclusive rental rate which includes both the base lease rental rate, utilities, janitorial costs and the operating expenses combined into one amount.
CRE WORD OF THE WEEK
Good morning! It’s Word of the Week Wednesday! Today let’s look at Real Estate Investment Trust, or “ REIT ” for short. REIT is a type of investment portfolio company that allows individual investors to own fractional shares of income producing and commercial real estate. For investors, using REIT’s may help generate a steady income…