The latest news from the CPR Team
Commercial real estate in St Petersburg FL continues to support the growth of local entrepreneurs as Commercial Partners Realty (CPR) proudly announces the successful placement of Emerald Wellness Spa at 6400 Dr MLK Jr Street North. Emerald Wellness Spa’s new space was chosen with intention from the very beginning. For Mary, the location was the…
A Story of Faith, Real Estate & Forward Momentum St. Petersburg, FL — Over the past decade, BridgePointe Church has reshaped its physical footprint across Pinellas County through a series of carefully sequenced real estate decisions, all guided by a consistent advisory relationship with commercial real estate strategist and founder of Commercial Partners Realty, Scott…
Gross vs. Net Leases: What’s the Difference? Gross vs Net Leases is one of the most important concepts to understand when entering commercial real estate. Whether you’re a business owner, investor, or first-time tenant, these lease structures directly impact your monthly costs, financial risk, and long-term budgeting. While the terms are often used casually, they…
Cap Rates: A Beginner’s Guide If you’re new to commercial real estate, few terms feel as intimidating as cap rates. It’s one of those everyone references casually, yet rarely explains clearly. The irony? Cap rates are actually one of the simplest valuation tools in real estate once you understand what they are (and what they’re…
What Is A Triple Net (NNN) Lease? A triple net lease (NNN lease) is a common commercial real estate lease structure where the tenant pays base rent plus property taxes, insurance, and maintenance (often CAM). Understanding how a triple net lease works helps tenants budget accurately and helps owners evaluate risk and returns. In commercial…
Most people chasing headlines in CRE are going to get burned. Commercial real estate has always moved with the economy. It’s cyclical, it’s unforgiving, and it rewards discipline over hype. As we move further into 2025, the questions investors and business owners are asking are straightforward: where is the market headed, and how should we…
Commercial Partners Realty announces the successful lease of a 20,000 SF industrial flex building at 8801 Enterprise Blvd, Largo, FL. The facility features fully renovated office and warehouse space, 100% HVAC, sprinkler systems, clean room, and lab space. Commercial Partners Realty agents Jeff Clapacs and Marko Radosavljevic represented the landlord, SRL FLORIDA 8801, LLC. Within…
Commercial Partners Realty is pleased to announce the successful asset sale of a second generation restaurant for Roe’s Café & Catering. The deal included buying restaurant equipment and furniture and taking over the existing lease. This second generation restaurant is located at 1100 94th Ave N, St. Petersburg, FL 33702. Commercial Partners Realty represented the…
Commercial Partners Realty in partnership with CRE-USA is proud to announce the offering of Kimball Electronics Production Facility, located at 13750 Reptron Blvd, Tampa, FL, centrally located in the Tampa Bay Market. Commercial Partners Realty, a 29-year-old, full service commercial real estate firm, has been assigned the task of identifying growing corporations that would benefit from this state-of-the-art manufacturing facility. This high-capacity industrial facility,…
Commercial Partners Realty is pleased to announce the successful sale of the property located at 6239 Park Blvd where we represented the buyer. The 8,302-square-foot mixed use property was sold for $1,300,000. The property, renovated in 2021, features prime exposure on Park Blvd, two 2/7 apartments, and a mixed-use layout that includes retail, office, and…
Commercial Partners Realty names Austin Karrick as President; Scott Clendening continues his involvement in the firm and strategy execution as Founder/Principal St. Petersburg, FL, Jan. 9, 2025 — Commercial Partners Realty (CPR) proudly announces the promotion of Austin Karrick to President & Broker effective January 1, 2025. He will be responsible for day-to-day management, operations,…
Commercial Partners Realty is thrilled to announce the successful sale of a retail/office property located at 3023 Central Avenue, St. Petersburg, FL. Debbie Reeser, Broker Associate, represented the seller, SP First LLC, in this transaction. The property, featuring 1,800 square feet of retail/office space, was sold for $740,000. About the Property Located in the Grand…
Commercial Partners Realty is pleased to announce the successful closing of a significant real estate transaction on September 24, 2024. Voltora LLC purchased an industrial flex property for $3,650,000, with AMPRO Inc. This brick and concrete constructed building with full air conditioning is 22,500 square feet on 2 acres and includes like-new condition, an open…
Commercial Partners Realty is pleased to announce the successful representation of Waste Pro of Florida in the acquisition of a prime 11.83-acre land property located at 11880 34th Street N, Pinellas Park. Jeff Clapacs, our Industrial Specialist, represented Waste Pro in the purchase of a two-parcel lot for a total of $12,075,000. The seller of…
Commercial Partners Realty is pleased to announce the successful completion of multiple leasing transactions of industrial flex space, totaling over 37,000 square feet, in the vibrant communities of St. Petersburg, Pinellas Park, Gibsonton and Tampa. These tenants, represented by Jeff Clapacs, CPR’s Industrial Specialist, include: Jeff also represented the tenants for the properties located at 11106…
Commercial Partners Realty is thrilled to announce President broker, Scott Clendening, has recently represented the tenant, Ready for Life Inc. in a lease expansion deal at 2300 Tall Pines Drive, Largo FL. The expansion includes a spacious 2,870 SF flex space, which happens to be neighboring the tenant’s current location in suite 100. It’s worth…
Commercial Partners Realty is pleased to announce the successful lease of a 14,236 square foot warehouse/showroom space located at 8325 Ulmerton Rd, Largo, FL to The Book Rescuers. The property, which includes a 1,676 square foot office, an 8,164 square foot warehouse (4,164 square feet with AC), and a 3,840 square foot showroom, has been…
Commercial Partners Realty is pleased to announce the successful leasing of a 2,175 square feet retail space located at 5320 4th St. N, Saint Petersburg, FL. The property, boasting highly coveted 4th St frontage, is a second-generation retail space and represents the largest unit in the building. Jay Billings, a Retail Specialist at Commercial Partners…
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