Commercial Partners Realty is pleased to announce that Kevin Yeager has been with our team for a whole year! Happy 1 year anniversary! Thank you for all the contributions you have made in making our company successful.
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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…
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…
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…
CRE WORD OF THE WEEK
Good morning, it’s Word of the Week Wednesday again. Let’s take a look at full-service lease. A full-service lease is a lease that has an all-inclusive rental rate which includes both the base lease rental rate, utilities, janitorial costs and the operating expenses combined into one amount.
CPR Represents Seller in $2,250,000 Sale of St. Petersburg Office Building
Broker Scott Clendening of Commercial Partners Realty represented the seller, BridgePoint Church in the sale of an 11,312 SF office building located at 6735 Crosswinds Dr., St. Petersburg FL for $2,250,000. The Tyrone area office building featured in a recent St. Pete Catalyst article was sold to private investors. Located adjacent to the Tyrone…
CRE WORD OF THE WEEK
Good morning! It’s Word of the Week Wednesday. Let’s take a look at net operating income or NOI for short. NOI is the net income from a property that is gross revenues minus operating expenses, but before deducting capital expenditures, debt service, and taxes.