Effective January 1, 2020, the State of Florida’s sales tax rate on commercial real property lease payments (including base rent and additional rent) was reduced from 5.7% to 5.5% for payments received for occupancy periods beginning on or after January 1, 2020....
Commercial Real Estate (CRE) Rental Rates and Percentage Rent Increases In Popular Office Submarkets in the Tampa Bay Area. Submarket Q3 2014 Rental Rate Q3 2019 Rental Rate Percentage Rate West Shore $27.23 $37.41 27% Downtown Tampa $25.52 $34.50 25% Downtown St....
A sale leaseback transaction is an excellent way for an owner/user to free up capital invested in commercial real estate and to convert that capital to alternative uses, primarily for their business. Sale leasebacks are an attractive alternative to conventional...
As a business owner deciding whether to lease or buy commercial real estate can be a difficult choice. Understanding the pros and cons of leasing versus buying commercial real estate may help. Let’s explore more. PROS Costs Remain Stable and Predictable –...