Hello, Its Word of the Week Wednesday! Today we have Land Assemblage, where 2 or more parcels of
land that are adjacent can be combined into one parcel of land. This can give buyers greater development
opportunities and sellers obtain higher values on combined land.
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CRE WORD OF THE WEEK
Good morning and welcome back to Word of the Week Wednesday! To start the new year of 2022, let’s talk about rental concessions. Rental concessions are incentives that landlords or property owners offer prospective tenants or buyers to influence or persuade them to sign the lease agreement. The typical concessions provided are free rent for…
CRE WORD OF THE WEEK
Morning everyone! It’s Word of the Week Wednesday again! Let’s look at floor area ratio. Floor area ratio, or FAR, is the connection between the total square footage of a building and the total square footage of the land parcel on which the building is located.
CPR Represents Two Sellers of Land Property Sold in Hudson and Zephyrhills.
New development is happening everywhere in Pasco County, from Hudson in the West to Zephyrhills in the East! Commercial Partners Realty’s Jim Engelmann, aka “Mr. Pasco”, is a huge driver of this growth and recently assisted his clients in closing on two land deals in Hudson and Zephyrhills this last month. In Hudson, Jim represented…
CPR Represents Seller, Landlord and Buyer of Two Properties In St. Petersburg.
The Mirror on Mirror Lake Drive Sold and Leased Commercial Partners Realty is pleased to announce that broker Scott Clendening has represented the seller and landlord of newest speculative quality office space in St. Petersburg. The Mirror, located at 132 Mirror Lake Drive N. is a modern, class A building, the new tenants will experience…
HAPPY THANKSGIVING! OFFICE CLOSED 11/25-11/26
Commercial Partners Realty wishes everyone a happy Thanksgiving and Native American Heritage Month. Our offices will be closed November 25th-26th. Happy Holidays!
CRE Market Insights – Land
The Land Outlook The last several months have created a tremendous amount of rethinking, retooling and reacting due to COVID-19. Many of the usually strong commercial real estate products have been hit hard by the pandemic and its effect on different industries. Hotels, bars, assisted living facilities, as well as an already compromised retail sector,…