In observance of Martin Luther King Jr. Day, Commercial Partners Realty will be closed Monday, January 16th, 2023.
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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
It’s Word of the Week Wednesday! We’ve got another cool phrase from the commercial real estate business. Let’s take a look at capitalization rate, also known as cap rate. The cap rate is the rate of return that investors receive on an income producing property. The cap rate is calculated as the ratio between the…
CRE WORD OF THE WEEK
Welcome back to Word of the Week Wednesday! Last week we discussed Common area maintenance expenses, to follow up, let’s look at Occupancy cost. This charge is the total expense any property user pays for occupying a property or space. This includes tenants that are leasing and property owners. Please note, occupancy cost does not…
CRE WORD OF THE WEEK
It’s Word of the Week Wednesday again! Let’s introduce the phrase common area maintenance, or CAM. CAM refers to additional expenses paid by tenants meant to cover costs of daily operations of the property. The percentage of this fee is calculated by dividing tenant’s square footage by total square footage of the building.
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…
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.