What is a NNN Lease? A triple net lease (NNN lease) is a type of commercial lease agreement where the tenant is responsible for paying not only the base rent but also the property’s operating expenses, including property taxes, insurance, and maintenance costs. Under a NNN lease, the tenant takes on more responsibilities and costs […]
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Property management is important for a variety of reasons, whether you own a single residential property or a large commercial real estate portfolio. Here are some of the key reasons why property management is essential: Property management is important because it helps you protect and maximize the value of your property while minimizing your risk
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Welcome to the monthly newsletter for the commercial real estate market in the Tampa Bay area of Florida for 2023. In this edition, we will be discussing the latest market facts and developments in the commercial real estate market in the Tampa Bay area.
Tampa Bays Current Commercial Real Estate Market Read More »
According to property data firm Vizzda, commercial real estate brokers in South Florida had a difficult fourth quarter, with property sales falling by 55% compared to the previous year. The total value of commercial real estate sales of at least $1 million each in the tri-county region was $5.2 billion, down from $11.6 billion in
South Florida commercial real estate sales Read More »
Tampa Bay’s housing market was one of the hottest topics of 2022, and experts predict that the trend will continue in 2023. According to Zillow, home prices in the Tampa area are expected to increase this year. This is despite the fact that other markets that saw huge increases during the pandemic are now slowing
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