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Reduction in Florida Sales Tax Rate on Commercial Lease Payments
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. Real...
2019 Tampa Bay Commercial Real Estate Rental Rates and Increases
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....
Should your Company Consider a Sale Leaseback to Access Cash?
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...
What is the Difference Between an Assignment and a Sublease?
Commercial real estate clients frequently ask how an assignment of a lease differs from a sublease. The difference is primarily a legal one, although each achieves a similar practical result. Assignment. An assignment of a real estate lease is a complete transfer of...
Should You Sign a Short or Long Term Lease in Today’s Market?
Your commercial real estate cost is probably your second or third largest expense. Following the simple rules outlined here will help you keep your costs low and maintain your competitive edge moving forward.
No Cost for Tenant Representation
Tenant representatives are commercial real estate brokers who specialize in assisting commercial tenants seeking office, medical office and industrial space for lease. Although commercial real estate tenant representatives act on behalf of tenants, their fee is paid...
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