Welcome to the first Commercial Real Estate Word of the Week.
With these new weekly posts, we want to explain terms, concepts and definitions to
provide transparency of the real estate transaction process to our clients, partners
and colleagues. We hope you enjoy and find our future posts valuable.
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…
Commercial Partners Realty is pleased to announce some new transactions for our second quarter year of 2022. Our retail specialist Frank Bozikovich represented the buyer and land specialist Jim Engelmann represented the seller, of a 2-parcel lot in Wesley Chapel, located at 6250 Oakley Blvd and 5620 Wesley Grove Blvd. Mishorim Gold Tampa, LP., Sold…
Good morning, its Word of the Week Wednesday! Let’s take a look at rentable area. Rentable area refers to the tenant’s usable square footage of a property alongside their portion of the building’s common area.
It’s Word of the Week Wednesday! Let’s take a look at clear height. Clear height is the height of a building starting from the ground floor to the bottom of the lowest hanging item on the ceiling. Hanging items include sprinklers, lights, structural beams, etc.
Good morning and welcome back to Word of the Week Wednesday! To start the new year of 2022, let’s talk about rental concessions. Rental concessions are incentives that landlords or property owners offer prospective tenants or buyers to influence or persuade them to sign the lease agreement. The typical concessions provided are free rent for…
Morning! It’s Word of the Week Wednesday again! Let’s look at grade level loading. Grade level loading refers to a loading door or entryway of an industrial property that is leveled to the ground or street. This type of loading door provides easy access for hand trucks, dollies or fork lifts for product to be…
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