Market Update

FOR DETAILED  BROCHURE   CLICK HERE (After Link opens, Click Brochure icon)   Summary/Description                 Address: 143 N Oakwood Ave,  Brandon FL 33510 Medical Office build-out Located in Brandon   Property Information Office: Medical Build-out Lease Rate: $18/sf  MG Condo:  Yes SF: 2,500 sf approx Space Plan: 5 Medical Offices Location: …

FOR DETAILED  BROCHURE   CLICK HERE (After Link opens, Click Brochure icon)  Summary/Description Address: 1180 Ponce De Leon Bv,  Ste 401, Clearwater FL 33756 Former Davita 7 Examination Rooms   Property Information Use: Medical Office Sale Price: $475,000 Free Standing:  Yes SF: 2,500 sf Use: Medical Office Space: 7 Exam Rooms + Offices County: Pinellas  

FOR DETAILED BROCHURE:   CLICK LINK Summary: Address: 3218 W Azeele Av, Tampa FL 33609 For Sale at the Appraised value Long Established Medical Practise South Tampa location Seller will Lease back at $20/sf Adjacent Site For Sale   Property Information Building:  4,217 SF heated Price: $1,410,000 Cap Rate: 6.1% Tenancy: Long Established Medical Office Location: …

FOR DETAILED BROCHURE:   CLICK LINK Summary: Address: 2506 W Virginia Ave, Tampa FL 33607 CONFIDENTIAL – Do not disturb tenants Core Medical neighborhood – close to Hospital   Property Information Building: 10,500 SF heated Price: $2,200,000 Cap Rate: 8.0% Tenancy: Fully leased with 3 tenants Location: Convenient to St Josephs Hospital Folio: 109296-0000 County: Hillsborough …

FOR DETAILED BROCHURE:   CLICK LINK Summary: Address: 401 N Parsons Ave, Brandon. FL 33510 CONFIDENTIAL – Do not disturb tenants   Property Information Building: 2,100 SF Price: $285,000 Cap Rate: 8.5% Space Size: Fully leased with two tenants Location: Convenient to Mall & I75 Folio: 06943.0114 County: Hillsborough  

FOR DETAILED BROCHURE & PHOTOS:  CLICK LINK Summary: Address: 10702 N 46th St. Tampa. FL 33617 Close to USF and Busch Gardens Close to major highways N-S and E-W   Property Information Building: 200,000 sf on 10 Acres. Multi-tenant. Warehouse/Manufacturing Lease Rate: $3.98/sf NNN + $1.40 CAM Available: 61,703 sf. Can be subdivided Space Size: Various …

FOR DETAILED  BROCHURE & PHOTOS : CLICK HERE Summary: Address: 234 Bullard Pkwy, Temple Terrace. FL 33617 Close to USF Surrounded by new Retail, Office & MF Development Property Information Condition: Vacant Land with Office Bldg. Development Site. Sale Price: $1,200,000 Free Standing:  Yes Acres: 1.45 Zoning: Commercial Office. Can be Retail Location: Close to 56 …

The Industrial Market In Tampa Bay By Steven Silverman, Tampa Commercial Real Estate We are moving out of the recession and the inventory of very low priced bank owned industrial owned space on the market is decreasing. While purchase prices are increasing for high quality product and  lease rates are improving, they are still low …

For companies considering relocating or expanding to Florida, the investment in Commercial Real Estate is a major expense. These companies should be aware of the incentives that may be available to them. In the wake of the past recession, Florida wants to increase employment. With each corporate relocation Florida is not only creating employment, but …

The economy in Florida and Tampa is rebounding. After years of decline construction is once more taking place. Developers and property owners are once more trying to develop properties to their highest and best use. Commercial real estate development is occurring. Shopping centers are planned into new and larger redevelopments which swallow up adjacent land. …

Beware of Open Ended Contracts Who says that contracts are always fair? Both parties in a transaction should protect themselves. Setting the time lines in a contract for the sale and purchase of commercial real estate or the leasing of commercial real estate is one of the most important things to take care of in …

Perspective On The Commercial Real Estate Market In Florida Conventional wisdom is that commercial property follows the rooftops.  As a local economy grows, the  demand for  housing increases which in turn causes a rise in the price of residential real estate. Commercial real estate such as Office, Retail and Industrial will follow Residential  in order …

Tampa Commercial Real Estate is a member of the Florida Gulf Coast Commercial Assoc of Realtors. (FGCAR) Each month members of the FGCAR hold several commercial property pitch sessions at different locations in the market In January 2013 Steven Silverman, the broker at Tampa Commercial Real Estate hosted a FGCAR pitch session in Tampa at …

What Is A Fair Annual Increase In the Rental Rate For A Commercial Lease? By Steven Silverman, CCIM   Tampa Commercial Real Estate It is often a bone of contention between Landlord and Tenant what the annual rate of increase in the lease rate should be on a commercial lease. I have a situation right …

As the recession hit Florida and foreclosures came onto the market, buyers with cash discovered that the Internet is a great place to find deals on commercial real estate. Many reasoned they can do this without a broker. Some believed that the less people involved in the deal the better and and thought that they …

As a Broker that is closely in touch with the local market, I have noticed that companies in the high tech sector seem to be growing the fastest. Tampa Commercial real estate is pleased to have brought Savtira Corporation into the Tampa Bay market Savtiras “Cloud” platform is attracting global attention. They grew from zero employees …

On October 28, 2011 the St. Petersburg Times wrote about a recent study of emerging trends in real estate which was just published I the Urban Land Institute and Price Waterhouse Coopers. The report shows that there has been a definite improvement in the commercial real estate sector in Florida and in Tampa Bay.  The …

August 2011 Florida’s real estate markets saw 34,558 total foreclosure sales in the second quarter of 2011 according to RealtyTrac, down 22% from the same three-month period a year ago The state’s total foreclosure sales represented 35% of all real estate sold in the second quarter, RealtyTrac says. The research firm estimates foreclosed properties were …

Florida’s got a better business tax climate than all but four other states. And not one of those four is east of the Mississippi or comes close to being a big population state. Florida ranks fifth overall in the annual “state business tax climate index” – an annual analysis of the relative competitiveness of states …

By BILL KACZOR, TALLAHASSEE, FLA  Florida will gain at least a million new jobs over the next seven years, which is 300,000 more than promised by Gov.-elect Rick Scott without the tax cuts and other changes he’s seeking, state economists predicted Monday. While their long-term forecast remained rosy, the economists from the Legislature and Gov. …

by Barbara Marshall   WEST PALM BEACH,  Fl. They’re big, self-entitled and about to start sucking down federal benefits like a college student on free beer night. The first wave of Baby Boomers turns 65 in 2011, making them eligible for Medicare, then full Social Security benefits beginning in 2012. Just as they forced societal changes …

“MLS (Multiple Listing Service) is a waste of time for commercial real estate brokers” There are not many commercial real estate transactions done on MLS so you don’t find serious Buyers or Sellers I  am a commercial real estate agent and I don’t feel that way

The Republican National Committee today has selected Tampa, FL as the host city for the 2012 Republican National Convention. Nevertheless, to be selected as a host city is an achievement for Tampa and for the state of Florida It has been 40 years since Florida last hosted a convention

The new high tech workforce known as the millennium generation is different and they require a different work environment. Tampa has the ability to satisfy this emerging market

Using Discount Cash Flow Analysis to decide whether to Purchase or Lease a commercial property

Negotiation Tips for Tenants Leasing Commercial Property

Tips For Tenants Negotiating A Lease– Part 1 The Annual Cost of the Lease In the broad  terms a tenant is concerned about a) Lease Rate: The lease rate component is fairly straightforward The space could have been reconfigured by prior tenants

Seller financing can be a useful tool for a Buyer to purchase a commercial property. Seller financing can be a solution for Buyers and Sellers in a difficult market,

There are often errors regarding the total square feet in the space being leased or purchased The problem is further compounded by having different measurement standards Building Common Area First the tenants useable area is measured