What Does Your Commercial Real Estate Lan...
If you are looking to lease commercial real estate, you may have found a whole bunch of articles on the internet advising prospective tenants what they need to know about a commercial landlord. What you may not have seen a lot of, however, are articles advising the tenant what a landlord might want to know about them and their intentions for the space in question. A landlord has invested time,...
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Office Space Sold in June, 2018
Below is a log of the office sales for the tri county area (Hillsborough, Pinellas, Pasco) during the month of June, 2018. Address City Zip Acres SF Sale Date Sale Price $ / SF 5100 1st Ave N St Petersburg 33710 0.11 1,205 6/1/2018 $200,000 $165.98 2945 49th St N St Petersburg 33710 0.2 2,834 6/1/2018 $379,000 $133.73 9210 King Palm Dr Tampa 33619 3.87 39,768 6/1/2018 $3,575,000 $89.90 934 CYPRESS...
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Stay in Your Zone: Understanding the Diff...
When you are looking for commercial property, understanding the zoning laws in your area is imperative. Zoning laws are put into place to determine how a property may or may not be used. This helps to prevent certain types of businesses from popping up in residential areas. It also creates a balance that keeps competition healthy and fair to encourage a thriving market. Zoning ordinances w...
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Why Space Planning is Important to Your C...
Finding commercial office space that suits your businesses needs isn’t always as cut and dry as it sounds. Just as the flow and layout of your home is important, your office space is no different. Particular companies will benefit from different types of office layouts. If you’re not the creative type, you may find it difficult to visualize how subtle changes could influence the whole fl...
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Office Space Sold in May, 2018
Below is a log of the office sales for the tri county area (Hillsborough, Pinellas, Pasco) during the month of May, 2018. Address City Zip Acres SF Sale Date Sale Price $ / SF 7900 46th Ave N St Petersburg 33709 0.46 1,706 5/1/2018 $350,000 $205.16 435 76th Ave St Pete Beach 33706 0.12 3,162 5/1/2018 $495,000 $156.55 7217 1st Ave S St Petersburg 33707 0.26 2,392 5/1/2018 $500,000 $209.03 1706 W Gr...
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Understanding Assignment and Subletting i...
In the world of commercial real estate, knowing your rights is essential to negotiating the best deal on your lease. Your business needs are likely to shift and change over the course of a longer lease, so it’s important to have guidelines included that allow some wiggle room should this be the case. This is where the concepts of assignment and subletting become crucial to understand for ten...
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How to Create the Perfect Medical Office ...
A property tour should adequately showcase all of the features that set your medical office space apart from others, convincing potential investors or tenants to choose your space over the competition. It’s important to realize, however, that your property’s uniqueness is not the only thing viewers are paying attention to. A property tour is an experience to those taking it, and it should ...
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Office Space Sold in April, 2018
Below is a log of the office sales for the tri county area (Hillsborough, Pinellas, Pasco) during the month of April, 2018. Address City Zip Acres SF Sale Date Sale Price $ / SF 2027 S Parsons Ave Seffner 33584 2.03 12,733 4/3/2018 $4,575,000 $359.30 5635 Park Blvd Pinellas Park 33781 0.08 1,180 4/5/2018 $130,000 $110.17 3935 Tampa Rd Oldsmar 34677 2.39 1,500 4/5/2018 $240,000 $160.00 311 Park Pla...
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Know How Much Room You are Paying for in ...
When it comes to acquiring the best deal on commercial office space for your growing company, it’s of the utmost importance to understand what, exactly, you are paying for. Most office space is listed with a rentable square footage rate, which is likely quite a bit more space than you will actually be able to occupy as the tenant. Getting clear on the difference between your rentable square ...
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Costs to Consider When Comparing Rental R...
Leasing professional office space will eventually become a necessity for any growing business. That being said, leasing space includes a whole lot more than just showing up, moving in, and paying rent. There are many unforeseen costs that can be easy to miss if you aren’t aware of them. Failure to identify these costs prior to signing off on a lease could set you up for an inevitable hiccu...
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Office Space Sold in March, 2018
Below is a log of the office sales for the tri county area (Hillsborough, Pinellas, Pasco) during the month of March, 2018. Address City Zip Acres SF Sale Date Sale Price $ / SF 11049 Countryway Blvd Tampa 33626 0.06 2,500 3/1/2018 $450,000 $180.00 4613 W North A St Tampa 33609 0.16 1,673 3/1/2018 $470,800 $281.41 10800 Johnson Blvd Seminole 33772 0.66 4,985 3/1/2018 $600,000 $120.36 7206 N Armeni...
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Understanding Right of First Refusal in a...
If you are a tenant trying to navigate the best deal in your commercial lease, you need to understand the right of first refusal and how it could benefit you. This is particularly important if you know that your company has the potential to grow rapidly. Being stuck in a property that you have outgrown can be extremely detrimental to your business in the long-term. A right of first refusal c...
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