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 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…
CRE WORD OF THE WEEK
Good morning, Here’s another Word of the Week Wednesday! Let’s look at usable area. Usable area refers to space in a building that is available specifically to the tenant for use. Usable area is usually office or retail space that the tenant has sole control over.
CPR Represents Seller in $4,000,000 Sale of Land Property in Odessa.
Commercial Partners Realty, Inc. announced today that Pasco land specialist, Jim Engelmann, represented PWS, LLC in the sale of approximately 10 acres of land on State Road 54 in Odessa, Florida. The transaction closed in mid-September for $4,000,000. Located along the highly desirable State Road 54 Corridor in Pasco County, the property is positioned midway…
CPR Team Members Win FGCAR Pinnacle Awards
The Florida Gulfcoast Commercial Association of Realtors announced their annual Pinnacle Awards, recognizing the area’s top commercial realtors. Awards are presented in multiple categories for both regional and national firms. Commercial Partners Realty is proud to announce that four of our team members received Awards for 2019. Commercial Partners Realty broker Scott Clendening was awarded…
CRE WORD OF THE WEEK
Good morning! It’s Word of the Week Wednesday. Let’s look at effective rent. Effective rent, expressed in dollars per square foot either per year or per month depending on market standards, it is a measurement of the value of the lease when all the concessions plus escalations are included.
CRE WORD OF THE WEEK
Morning! It’s Word of the Week Wednesday again! Let’s look at grade level loading. Grade level loading refers to a loading door or entryway of an industrial property that is leveled to the ground or street. This type of loading door provides easy access for hand trucks, dollies or fork lifts for product to be…
