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CRE WORD OF THE WEEK
Good morning! Welcome back to Word of the Week Wednesday! Today let’s look at 1031 exchange. A 1031 exchange is a provision from the U.S. Internal Revenue Code. It allows a seller to defer paying capital gains taxes when a property is sold, and proceeds are reinvested in another property within a certain timeframe.
CRE WORD OF THE WEEK
Good morning, Here’s another Word of the Week Wednesday! Let’s look at return on investment, or ROI. An ROI is a measure used to evaluate the efficiency or profitability of an investment by directly measuring the amount of positive cash flow over a period of time, plus disposition equity realized on a particular investment divided…
CRE WORD OF THE WEEK
It’s Word of the Week Wednesday! Let’s take a look at clear height. Clear height is the height of a building starting from the ground floor to the bottom of the lowest hanging item on the ceiling. Hanging items include sprinklers, lights, structural beams, etc.
Tampa Bay Industrial Outlook
The Tampa Bay industrial market is one of many nuances. There are some systematic similarities, but as real estate goes, location makes a difference. As a whole, the industrial market has continued to see strong growth as increased demand has resulted in higher property values and lease rates. As a result, new construction has continued…
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.
Commercial Partners Realty’s Ceci Tricoli Wins CREW Tampa Bay Excellence Award
Commercial Partners Realty agent Ceci Tricoli was recently honored with the CREW Tampa Bay 2021 Rising Star Excellence Award. Ceci was recognized for her work with a number of CREW committees and volunteer work with the organization at the annual CREW Economic Summit and as an ambassador for their monthly luncheons. “I am honored to…