Commercial Partners Realty wishes everyone a happy Thanksgiving and Native American Heritage Month.
Our offices will be closed November 25th-26th. Happy Holidays!
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CPR Team Member Closes 123 Acre Land Sale in Pasco County
Commercial Partners Realty is pleased to announce the sale of 123 acres of retail and multifamily land in the first phase of a mixed-use development on the State Road 54 corridor in Pasco County. CPR Team member Jim Engelmann represented the sellers, Smith HV & Smith MV Co-Trustees & Dolcimascolo MM et al, in the…
CRE Market Insights – Retail
Uncertainty = Opportunity Market conditions always change, it is inevitable. However, the pace of change has been greatly accelerated due to the pandemic, creating uncertainty in the commercial real estate and Capital markets. Users of office space have been uncertain as to how their needs of space will change. Recent data indicates that only 12%…
CPR Represents Owner in Sale of Mid-Pinellas Office/Warehouse Building
David Culligan of Commercial Partners Realty and Jon Slater of Lincoln Property Company represented Peltz Shoes in the sale of a 60,000 SF building situated on a 4.39-acre site to Private Label Skin Care, for $4,725,000. Founded by Chris and Gayle Estey, Private Label Skincare Florida currently based in Dunedin, FL, began as a small…
CRE WORD OF THE WEEK
Good morning, welcome back to Word or the Week Wednesday! Let’s begin with the phrase purchase and sale agreement, also known as a PSA. This type of agreement is between a seller and a buyer of real estate or investments that establishes several rights and obligations for both the seller and buyer.
CRE WORD OF THE WEEK
Good morning! It’s Word of the Week Wednesday. Let’s look at effective rent. Effective rent, expressed in dollars per square foot either per year or per month depending on market standards, it is a measurement of the value of the lease when all the concessions plus escalations are included.
CPR Represents Landlord and Buyer of Two Properties In Pinellas County
The Westcot building in ICOT Business Center is sold then fully leased. Commercial Partners Realty is pleased to announce that broker Scott Clendening has represented the buyer, ICOT Blvd., LLC in the acquisition of a 41,000 SF flex building situated on 3.19 acres in a business park in Clearwater Florida. Subsequently, Scott Clendening represented the…