Sonic Shutters Multiple Florida Locations

Drive-in chain Sonic has closed 11 Florida restaurants, among them locations in Hillsborough, Pinellas, Sarasota, Manatee, Hernando, Polk, Citrus and Levy counties. Read more: Sonic shutters 11 Florida restaurants | Tampa Bay Business Journal Comments:  This is another reminder of the need to conduct proper due diligence when purchasing single tenant, net lease properties as an […]

Share

Read More


Top SBA Lenders in Tampa Area

The Tampa Bay Business Journal released its list of top 25 SBA Lenders over the past year. The Top 5 are as follows: Florida Business Development Corp – 813.348.0677 Live Oak Banking Co. – 866.954.8362 PNC Bank – 772.231.6300 Gulf Coast Business Finance – 727.234.5340 Synovus Bank – 727.823.9199 For the complete list, please see […]

Share

Read More


Top 8 Mistakes Landlords Make on Leasing Their Commercial Space

1.  Alienating Tenant Brokers – Brokers are not afraid to share opinions of properties and landlords with their colleagues.   Defaulting, negotiating down after the fact, or slow paying on commissions is a sure fire way to retard future leasing efforts. 2.  Overly Complicating the Lease – Everyone acknowledges that it is important to have a […]

Share

Read More


Office Demand Rises in Tampa

Although the Tampa office market continues to struggle with abnormally high vacancy and subdued tenant demand, over the past three months overall vacancy continued to fall, with the marketwide overall vacancy rate declining to 18.9% at the close of the third quarter of 2010. This is a one-tenth of a percentage point decrease from mid-year […]

Share

Read More