Commercial Partners Realty welcomes broker David Culligan to our team. As an industry expert, Culligan represents commercial clients throughout their entire real estate pursuits. Operating out of the firm’s Tampa office, David is responsible for new business development, as well as all-inclusive consultation for his customers both locally and nationally. His ultimate goal is to aid his clients in improving long-term profitability and help them navigate the increasingly complex negotiations of commercial real estate transactions.
David’s more than 25 years of experience in the Florida commercial real estate market have given him a wealth of knowledge and practical skills. As a specialist in optimizing the bottom line and developing innovative workplace strategies, David conducts critical path forecasting, in-depth market research, financial analysis and strategic planning for clients in need of both corporate offices and data centers.
Prior to joining the CPR Team, David worked with Savills as a managing director and as the owner and president of Centerpointe Development, where he developed multiple office, retail and industrial projects throughout Central Florida. As a former director for Waterford Construction & Development, David was responsible for design, construction, sales generation, lease negotiation, land acquisition and engineering to assist in the development of more than two million square feet of projects throughout West and Central Florida. In addition, he has gained institutional landlord experience having spent time as a leasing director of Childress Klein Properties and Paragon Group.
Outside of the office, David is a member of the Westshore Alliance and the Greater Tampa Chamber of Commerce. He has also spent many years coaching and mentoring youth sports in Hillsborough County Youth Leagues.
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 at 4055 35th Street N. in St. Petersburg, FL to Sir Speedy Printing.
Represented the landlord, Cheese Popper, LLC, in the lease of a 2,500 SF flex building located at 1920 15th Avenue N. in St. Petersburg, FL.
Represented the buyer, Autism Inspired, in the purchase of a 11,500 SF office, located at 2177 NE Coachman Dr. in Clearwater, FL for $950,000.
Represented the buyer, ENT Associates of St. Pete, LLC in the purchase of a 7,500 SF medical office building located at 501 Dr. ML King Jr. St. S. in St. Petersburg FL for $1,830,000.
Represented the landlord, Mainstream America, Inc., in the lease of 5,100 SF of flex space in the Petersburg Commerce Center, located at 4055 35th Street N. in St. Petersburg, FL to Tampa Bay Tiny Homes.
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 challenges tournament foursomes to get the ball from the tee box into the hole on a par 4 in the fastest possible time. No one player can hit the ball twice in a row.
The first hole of Cove Cay is a 360 yard par 4 with sand traps flanking the landing area of the initial drive and the front right lip of the green. The group arrived at the hole during the latter part of the tournament, so many of the other teams had already taken their turn. Austin asked the Flying Locksmith representative, who had sponsored the competition, what was the time to beat. Not wanting to give too much away, all the rep said was, “You guys have to be under 30 seconds.”
The mark was set, and our team began planning.
Jim, who has participated in this event for three years now, immediately laid out a plan of attack. He would be the first shot, Austin and Chris would be responsible for the second/approach shot and Frank would be on the green for the finishing putt.
After a small discussion, they took their positions along the fairway.
The team gave their final thumbs up to the timekeeper and Jim teed off. He hit a piercing drive that began to favor the right side of the fairway, heading right at Austin, towards a bunker. Jim crushed the drive as it sailed over the bunker and just clearing Austin’s head. Realizing that he needed to get to the green to back up Frank on the putt, Chris took off running at top speed.
The ball came to rest about 70 yards away from the hole. Austin steps up to the ball and quickly assesses the next shot. He can hear the timekeeper saying, “Take your time! Take your time!”
He takes his swing and flushes the ball, it takes a high trajectory right towards the hole. Unsure of if he hit it far enough, he fears of the encroaching sand traps nip at his confidence. The ball reaches its pinnacle and begins to descend, a plop, and relief! It bounces just on the outer fringe of the green and rolls towards the hole.
Frank is at the ready. He lines up his putt before the ball has even rolled to a stop. Chris arrives at the green for a final tap-in, if needed. When ball finally comes to a rest, Frank pulls back. A slight *tink* can be heard as his putter contacts the ball. It rolls right towards the hole and drops in!
Celebrations begin, but was it good enough?
Austin looks back to the timekeeper and sees his mouth dropped open.
“What was the time?”
“What was the time?”
Finally, the ref speaks, “19 seconds!”
High fives all around – they are confident this number can’t be beat.
At the awards ceremony the team awaits the news.
The owner of The Flying Locksmith takes the podium and tells the crowd that they sponsor this Fastest Hole Competition at 19 other tournaments nationwide and there has never been a winning team with a faster time in any of the events hosted by the Flying Locksmith. The CPR Team swept past all competitors with a time of 19 seconds, a record that the sponsor “is confident, will never be beat”.
The team expects to soon receive their trophy and will surely be enshrined into the Golfers’ Fastest Hole Hall of Fame.
Commercial Partners Realty, Inc. is pleased to announce the sale of a .12 AC parcel of raw land located at 1013 N. Franklin St, Tampa, FL 33602. The sale price was $850,000 which translates to over $7 Million per acre, making this one of the highest value per acre land transactions completed this year in the Tampa Central Business District.
Jim Engelmann represented the seller, Aston Chase Investment Company, in the transaction. The buyer was Om Ventures, a development group from Tampa, FL. The property is adjacent to the Herman Massey park as well as buildings of historical significance. Lying within the Tampa CBD, this property is zoned for many uses allowing for residential, office and restaurant/nightclub projects.
Jim is a land and office real estate specialist in the Northern Tampa Bay and Pasco County markets. Working with retailers, the franchise industry, developers and investors, Jim collaborates with sellers to market land to active users expanding into the market, while finding the site best suited to each developer’s individual needs and financial objectives.
Jim’s key areas of focus include site selection and demographic analysis for ALFs, multifamily and retail uses, as well as vacant land disposition. He is active in multiple commercial organizations including CCIM, ULI, FGCAR and SOREP. Jim sits on the Board of Directors for the Greater Pasco Chamber and is President of the Rotary Club of Land O’ Lakes.
Commercial Partners Realty is a full service Commercial Real Estate brokerage specializing in Office, Industrial, Retail and Investment leasing and sales. Representing landlords, tenants, buyers and sellers of commercial real estate in Tampa Bay and West Central Florida, they have transacted over four hundred million dollars of real estate.
Austin Karrick, an accomplished leader in the Tampa/St. Petersburg CRE industry, has been honored by Connect Media with its Next Gen Award. As an office and industrial real estate specialist for Pinellas County at Commercial Partners Realty Inc., Karrick is a dedicated team member and a partner in CPR’s Industrial and Office group, The QA Team.
Karrick, 27, has received numerous accolades thus far in his career, including being named a 2017 and 2018 FGCAR Pinnacle award winner for overall industrial production. Austin was also the youngest member of the 2017 Dale Carnegie Sales Course, Tampa – How to Win Friends and Influence People – and his classmates and instructors voted him the highest honor of leadership for that session’s class.
Karrick has been recognized by his colleagues for his ability to see an industrial or office space for what it could be, rather than what it is. His ability to help clients through the demo and remodel phase of flex spaces is noteworthy. He is also quick to help a landlord understand the CAP rate value of their investment, and bring parties together for portfolio sales opportunities, something not normally seen from a third year CRE professional.
When Frank Bozikovich looks at South St. Pete he doesn’t see its troubled past. Frank sees opportunity. As a long-term resident of Broadwater and local commercial Realtor, Frank’s daily commute took him past the challenged landscape of US 19 South. Properties in decline after the loss of most of the big box stores caused prospective new tenants to question the wisdom of moving into the spaces. Many fell into disrepair. For Frank, like many area residents, it was frustrating to watch businesses turn away because they were reluctant to invest in this market.
But instead of losing hope, Frank got to work doing what he does best – selling. As a successful Broker with Commercial Partners Realty, Frank knew how to sell and lease commercial property. This, however, was different. He needed to “sell” an entire sub-market to a variety of people – prospective tenants, developers, the City, and brand-name retailers.
Bozikovich started reaching out to contacts within the city and to residents of the communities that bordered US 19 S., as well as to their elected representatives. This ultimately led to the creation of the Skyway Marina District and their rebranding vision for the community. Frank served on the board of directors of the district for five years and has been instrumental in bringing over $200 million of new business to the district, including almost 700 new apartments and a significant number of new retail and office tenants.