Good morning and happy New Year! It’s Word of the Week Wednesday, and it’s the last Wednesday of 2021!
Let’s take a look at build-to-suit. Build-to-suit refers to a commercial space or building that is
constructed to the client’s specifications and needs. The user of that space or building will have
input on concept, design, and construction alongside architects, engineers, and developers.
From Commercial Partner’s Realty, we are grateful to everyone’s support and we’ll see you in 2022!
Good morning, its Word of the Week Wednesday again! Let’s look at modified gross lease. Modified gross lease is a lease agreement where the tenant of a property is responsible for the base rent and splits other expenses with the landlord. The landlord may cover property taxes, insurance, and property maintenance while the tenant may…
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…
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%…
Commercial Partners Realty has launched a property management division operating throughout the Tampa Bay region. Commercial Partners Property Management is committed to providing clients with expertise that comes from years of practice and advanced training in commercial and investment real estate. Our property managers are passionately committed to integrity, quality and service and look forward…
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.
Good morning and happy holidays! It’s Word of the Week Wednesday! Let’s take a look at dock high loading. This refers to a loading dock found in most industrial properties in which the standard height of the dock is 48 inches from the ground to the floor of a warehouse. These can be accomplished via…
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