Here is our new Word of the Week! Take a look at Absorption; measured by a property’s square footage,
absorption explains the rate of leased up or vacated properties.
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CRE WORD OF THE WEEK
Good morning, welcome back to Word of the Week Wednesday! Let’s talk about covenant. A covenant is a written agreement or restriction inserted into deeds or other legal contract documents stipulating certain activities will or will not be allowed on the property.
CPR Team Recent Commercial Real Estate Transactions
CPR Team members recently completed over $17.9 million dollars in commercial real estate transactions in the Tampa Bay Market. CPR Team member Hayden Peiker represented the buyer, West Shell Point Road 3340, LLC in the purchase of Shell Point Marina, located at 3340 Shell Point Rd., Ruskin FL. The 3.6 Acre marina with 43 wet…
Happy Veterans Day!
Commercial Partners Realty wishes everyone a Happy Veterans Day! We would like to extend our gratitude to our veterans and others who have served, past and present.
Commercial Partners Realty Represents Tenant in the Tampa Airport Industrial Sub-market.
Commercial Partners Realty is excited to announce that our Airport Industrial specialist Marko Radosavljevic has recently completed a lease transaction for his client, the Tampa Bay Times. The lease was for 16,185 SF of warehouse space in the Thompson Center II industrial park located at 5411 & 5505 Johns Rd Tampa. This location is ideal…
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…
CRE WORD OF THE WEEK
Good morning, its Word of the Week Wednesday! Let’s take a look at pro forma. Pro forma is a financial analysis forecasting a property’s cash flow using certain projections or presumptions. This can be estimated by using a combination of historical operating data growth assumptions and current market information.