Commercial Partners Realty would like to wish everyone a happy Hanukkah this year!
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CRE WORD OF THE WEEK
Good morning, its Word of the Week Wednesday again! Let’s look at modified gross lease. Modified gross lease is a lease agreement where the tenant of a property is responsible for the base rent and splits other expenses with the landlord. The landlord may cover property taxes, insurance, and property maintenance while the tenant may…
Recent Transactions
The QA Team of Dan Quarles, Austin Karrick and Erica Lovingood continue to have a strong year in 2019. The following are the most recent transactions from Commercial Partners Realty’s Pinellas County Office/Industrial team. Represented the landlord, Mainstream America, Inc., in the lease of 15,000 SF of flex space in the Petersburg Commerce Center, located…
HAPPY HOLIDAYS! OFFICE CLOSED 12/24-12/31
CPR wishes everyone Happy Holidays! We’ll see you in January! Our offices will be closed December 24th through December 31st.
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.
CRE WORD OF THE WEEK
It’s Word of the week Wednesday! Let’s look at letter of intent or LOI. This letter helps property owners/landlords and buyers/tenants negotiate important information for a property of interest before completing a final binding contract.
Commercial Partners Team Sets National Record at FGCAR Golf Tournament!
Clouds were gathering on a hot, humid Florida Fall afternoon. Four members of the CPR Team (Austin Karrick, Chris Ewing, Jim Engelmann and Frank Bozikovich) stepped up to the first hole of the Cove Cay golf course. It was the FGCAR Annual Golf Tournament, and this was “The Fastest Hole Competition”. The Fastest Hole Competition…