CPR Team Member Frank Bozikovich Brokers Lease for Medical Facility Development

Commercial Partners Realty agent Frank Bozikovich represented Smand Holdings in a $2.4 million long-term, build-to-suit lease of a 7,500 SF office building to be built on 1.14 acres in South St. Petersburg. The site is located in the City’s newly branded Skyway Marina District which is the target of revitalization by the St. Petersburg Economic Development Office. The landlord, Smand Holdings, will break ground on the new medical facility at 4050 34th Street S., St. Petersburg, early in 2014. Once completed, the office will be home to a partnership of local nephrologists in a state-of-the-art treatment facility.

Commercial Partners Realty is a full service Commercial Real Estate firm specializing in Office, Industrial, Retail and Investment sales and leasing. Representing landlords, tenants, buyers and sellers of commercial real estate in Tampa Bay and West Central Florida, they have transacted over two hundred million dollars of real estate.

CPR Team Member Brokers Sale of Restaurant

Commercial Partners Realty agent Frank Bozikovich represented Grayston Mortgage Funding in the sale of the former Basta’s Italian Restaurant located at 1625 4th Street S. in St. Petersburg, FL. Phil Farley purchased the 3,500 SF restaurant on 0.78 acres for $192,000. The property was sold ‘as-is’ and the transaction closed just seven days after the execution of the contract. Farley plans to open a Mexican Restaurant on the site.

Congratulations Erik Anderson, CCIM!

Congratulations to CPR Team Member Erik Anderson who just received his CCIM (Certified Commercial Investment Member) Designation. Erik joined the CPR Team in 2007 and has been working diligently to improve his knowledge and commercial investment real estate skill set.

CCIM's must complete courses that cover essential skill sets including ethics, interest-based negotiation, financial analysis, market analysis, user decision analysis, and investment analysis for commercial investment real estate. Furthermore, they must submit a portfolio of transactions demonstrating the depth of their commercial real estate experience. Finally, they must demonstrate their proficiency in the CCIM skill sets by successfully completing a comprehensive examination.

We are proud that Erik can bring such a useful and valuable skill set to the CPR Team.

Commercial Partners Realty, Inc. Brokers Sale of 3 Acre South St. Petersburg Industrial Site

Commercial Partners Realty broker Scott Clendening represented FCB FP Commercial Holdings in the sale of 800 31st Street S./0 Fairfield Ave., St. Petersburg FL for $795,000 to Angelo’s Recycling. The site has previously been occupied by Home Depot and, more recently, by Hot-In-Place Paving. Angelo’s plans to expand their current business on the site’s vacant land, lease the industrial buildings and resell one of the vacant lots purchased in the deal. Commercial Partners Realty will be handling the lease of the 24,000 SF (MOL) industrial buildings, as well as the sale of a half acre commercial lot for the new owners.

Commercial Partners Realty is a full service Commercial Real Estate brokerage specializing in Office, Industrial, Retail and Investment leasing and sales. Representing landlords, tenants, buyers and sellers of commercial real estate in Tampa Bay and West Central Florida, they have transacted over two hundred of million dollars of real estate.

Welcome Dan Miller

Commercial Partners Realty is pleased to introduce our newest team member, Daniel Miller. He joins the CPR Team as a Multi-family Investment Specialist. Dan has a Bachelors of Business Administration from the University of South Florida and extensive experience in Multi-family Property Management and Investment.

Commercial Partners Realty, Inc. Brokers Sale of 14,000 SF Oldsmar Manufacturing Building

Commercial Partners Realty broker Scott Clendening represented Florida Community Bank in the sale of 13906 Lynmar Blvd., Oldsmar, FL for $750,000. Max Machine & Manufacturing purchased the 14,375 SF industrial building in order to expand their operations in Oldsmar.

Commercial Partners Realty is a full service Commercial Real Estate brokerage specializing in Office, Industrial, Retail and Investment leasing and sales. Representing landlords, tenants, buyers and sellers of commercial real estate in Tampa Bay and West Central Florida, they have transacted more than two hundred million dollars of real estate.

Commercial Partners Realty, Inc. Leases Icot Office

Commercial Partners Realty broker Scott Clendening represented 14100 Icot, LLC in the $1.6 million lease of 24,212 SF in Icot Business Center. Precision Auto Protection, an extended service contract provider, will be moving into the space at 14100 58th Street N. before the end of the year.

Commercial Partners Realty is a full service Commercial Real Estate brokerage specializing in Office, Industrial, Retail and Investment leasing and sales. Representing landlords, tenants, buyers and sellers of commercial real estate in Tampa Bay and West Central Florida, they have transacted more than two hundred million dollars of real estate.

Commercial Partners Realty Sells 46,000 SF Icot Manufacturing Facility

Scott Clendening of Commercial Partners Realty represented Modern Silicone Technologies in the sale of their 46,000 SF former manufacturing plant, located at 5777 Myerlake Circle in Clearwater. The facility was purchased by Core Rx, a pharmaceutical research and development company, for $2,500,000. The facility will allow Core Rx to expand their current operations and add approximately 25 additional employees.

Modern Silicone Technologies is consolidating their Clearwater, West Virginia and Chicago facilities into a "state of the art" injection molding and design plant in a 123,000 SF tilt-wall manufacturing facility, which they recently purchased with the aid of Mr. Clendening. The merging of these operations and expansion is expected to bring even more jobs to the Tampa Bay area.

Commercial Partners Realty is a full service Commercial Real Estate brokerage specializing in Office, Industrial, Retail and Investment leasing and sales. Representing landlords, tenants, buyers and sellers of commercial real estate in Tampa Bay and West Central Florida, they have transacted more than two hundred million dollars of real estate.

Recent Transactions by the CPR Team

Commercial Partners Realty, Inc., 299 Dr. Martin Luther King, Jr. Street North, St. Petersburg, Florida, is pleased to announce the following recent transactions:

Sold:

The sale of a 5,000 SF industrial building, located at 3910 31st Street N., sold for $320,000. Erik Anderson represented the Seller, J.S. Enterprises in the transaction.

The sale of a 5,500 SF commercial building at 1763 9th Avenue N., St. Petersburg, FL for $260,000. Erik Anderson represented the seller, Deborah Gustin in the transaction.

The sale of a 5,796 SF industrial building at 4101 7th Terrace N., St. Petersburg, FL for $140,000. Erik Anderson represented the seller, ALBY, LLC in the transaction.

The sale of a 38,697 SF Office building on 4.32 Acres in the Icot Business Center, located at 14100 58th Street N., Clearwater, FL. Scott Clendening represented the seller, Steele Investment Group, in the $1,475,000 transaction.

Leased:

The lease of a 8,800 SF industrial space located at 4400 118th Avenue N, Pinellas Park, FL to Pair O’ Dice Brewing Co. Erik Anderson represented the tenant in the lease transaction valued at $448,000.

The lease of a 14,000 SF Warehouse facility located at 1150 19th Street N., St. Petersburg, FL. Erik Anderson represented the Landlord, Elwood Corporation, in the transaction.

Commercial Partners Realty is a full service Commercial Real Estate brokerage specializing in Office, Industrial, Retail and Investment leasing and sales. Representing landlords, tenants, buyers and sellers of commercial real estate in Tampa Bay and West Central Florida, they have transacted more than two hundred million dollars of real estate.

CPR Welcomes New Team Member

Commercial Partners Realty is pleased to announce that Daniel Quarles has joined our team as a sales agent specializing in Industrial Real Estate. Daniel leverages 20+ years experience in warehouse/distribution and manufacturing environments to navigate complicated projects, while initiating cost-effective solutions.

Recent Transactions from the CPR Team!

Commercial Partners Realty, Inc., 299 Dr. Martin Luther King, Jr. Street North, St. Petersburg, Florida, is pleased to announce the following recent transactions:

Sold:
The sale of, a 17,900 SF industrial building to Zone Defense, LLC. The property, located at 2135 13th Avenue N., sold for $690,000. Scott Clendening represented the buyer in the transaction.

The sale of a 4,320 SF commercial building at 875 24th Avenue N., St. Petersburg, FL for $246,000. Erik Anderson represented the buyer, Arvana, Inc. in the transaction.

Leased:
The lease of a 30,000 SF industrial building located in the Fortune 2000 East Industrial Park at 12397 Belcher Rd., Pinellas Park, FL to Curbell Plastics, Inc. Scott Clendening represented the tenant in the lease transaction valued at $1,733,000.

The lease of 1,000 SF of office space located at 10452 Roosevelt Blvd., St. Petersburg, FL to Brightway Insurance. Erik Anderson represented the tenant in the transaction.

Commercial Partners Realty is a full service Commercial Real Estate brokerage specializing in Office, Industrial, Retail and Investment leasing and sales. Representing landlords, tenants, buyers and sellers of commercial real estate in Tampa Bay and West Central Florida, they have transacted more than two hundred million dollars of real estate.