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.
Good morning and welcome back to Word of the Week Wednesday! Let’s look at Offering Memorandum; a presentation that provides the most prospective buyers with detailed information about a property on the market. This presentation would include building description, demographics, summary of property’s history and more.
Good morning everybody, It’s Word of the Week Wednesday! Let’s take a look at due diligence. Due diligence is the important process of investigating all issues and information on a property that would affect the desirability and purchase/sale of that property. A prospect is generally given a due diligence period to conduct inspections and tests…
Commercial Partners Realty is pleased to announce that our retail specialist Frank Bozikovich has closed on a new and interesting deal in the last quarter of 2022. Commercial Partners Realty is pleased to announce that our retail specialist Frank Bozikovich has closed on a new and interesting lease deal to start the last quarter of…
David Culligan of Commercial Partners Realty and Jon Slater of Lincoln Property Company represented Peltz Shoes in the sale of a 60,000 SF building situated on a 4.39-acre site to Private Label Skin Care, for $4,725,000. Founded by Chris and Gayle Estey, Private Label Skincare Florida currently based in Dunedin, FL, began as a small…
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%…
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.
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