In observance of Martin Luther King Jr. Day, Commercial Partners Realty will be closed Monday, January 16th, 2023.
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CRE WORD OF THE WEEK
Good morning, its Word of the Week Wednesday again! Let’s look at short sale. A short sale occurs when the sale price of a property is less than the amount owed to the lender and when the lender accepts this amount as full payment for the asset. Those funds not repaid to the lender can…
CRE WORD OF THE WEEK
Good morning! It’s Word of the Week Wednesday. Let’s take a look at net operating income or NOI for short. NOI is the net income from a property that is gross revenues minus operating expenses, but before deducting capital expenditures, debt service, and taxes.
Commercial Partners Realty Represents Buyers in Skyway Marina District and Wesley Chapel.
Commercial Partners Realty is pleased to announce some new transactions for our second quarter year of 2022. Our retail specialist Frank Bozikovich represented the buyer and land specialist Jim Engelmann represented the seller, of a 2-parcel lot in Wesley Chapel, located at 6250 Oakley Blvd and 5620 Wesley Grove Blvd. Mishorim Gold Tampa, LP., Sold…
Happy Labor Day!
Commercial Partners Realty wishes everyone a Happy Labor Day! Our offices will be closed Sept. 6th. We hope you’re enjoying a long weekend of relaxation. #laborday #laborday2021 #commercialpartnersrealty #commercialrealestate #longweekend #HappyLaborDay
CRE WORD OF THE WEEK
Good morning, its Word of the Week Wednesday! Let’s take a look at lessee and lessor. In a lease agreement, the lessee (tenant) is defined as the party that pays for the use of the asset or property. The lessor (landlord) is the person that receives payments from the lessee in exchange for the usage…
CPR Represents Seller in $2,250,000 Sale of St. Petersburg Office Building
Broker Scott Clendening of Commercial Partners Realty represented the seller, BridgePoint Church in the sale of an 11,312 SF office building located at 6735 Crosswinds Dr., St. Petersburg FL for $2,250,000. The Tyrone area office building featured in a recent St. Pete Catalyst article was sold to private investors. Located adjacent to the Tyrone…