CPR wishes everyone Happy Holidays! Our offices will be closed December 26th through December 30th. We’ll see you in 2023!

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CRE WORD OF THE WEEK
Welcome back to Word of the Week Wednesday! Last week we discussed Common area maintenance expenses, to follow up, let’s look at Occupancy cost. This charge is the total expense any property user pays for occupying a property or space. This includes tenants that are leasing and property owners. Please note, occupancy cost does not…

CRE WORD OF THE WEEK
Good morning, welcome back to Word or the Week Wednesday! Let’s look at cash on cash return. Cash on cash return is a measure of the net annual return, minus debt service, the investor made on a property in relation to the amount of cash or equity applied to the purchase.

CPR Represents Seller, Landlord and Buyer of Two Properties In St. Petersburg.
The Mirror on Mirror Lake Drive Sold and Leased Commercial Partners Realty is pleased to announce that broker Scott Clendening has represented the seller and landlord of newest speculative quality office space in St. Petersburg. The Mirror, located at 132 Mirror Lake Drive N. is a modern, class A building, the new tenants will experience…

CPR TEAM’S BOOMING VENTURES YEAR TO DATE.
Commercial Partners Realty has had a robust year thus far in 2022, completing 56 commercial real estate transactions in the Tampa Bay Market. Below are some of our influential transactions we in the 3rd quarter: CPR Broker Scott Clendening represented the Tenant Gemini Engineering & Sciences Inc., in the lease of an office space for…

CPR WORD OF THE WEEK
Good Morning! It’s Word of the Week Wednesday. Let’s look at hard corner. A hard corner refers to a property located at a major intersection with traffic lights, where the commercial property can be considered more popular for retail.

One Man’s Vision Leads to Neighborhood Success
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…