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 is pleased to announce that our retail specialist Frank Bozikovich has closed on a new deal in the Grand Central District of Downtown St. Petersburg Florida. Frank represented the buyer BLR Financial, LLC in the purchase of an 8,000 SF Property located at 1900 Central Avenue, St. Petersburg. This property was sold…
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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…
CRE WORD OF THE WEEK
It’s Word of the Week Wednesday! Let’s take a look at vacancy rate. Vacancy rate is a measurement expressed as a percentage of the vacant space in a rental property, such as a hotel, divided by the total amount of units of the property.
CRE WORD OF THE WEEK
Good morning, its Word of the Week Wednesday! Let’s take a look at rentable area. Rentable area refers to the tenant’s usable square footage of a property alongside their portion of the building’s common area.
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…
Commercial Partners Realty Welcomes Ceci Tricoli
Commercial Partners Realty, Inc. is pleased to announce that Ceci Tricoli has joined our team as Vice President, Office Specialist. She looks forward to providing our clients with professional guidance, helping them buy, sell or lease office space throughout the Tampa Bay area. “We are delighted to welcome Ceci to Commercial Partners Realty. She prioritizes…