There are a lot of ingredients that go into making a successful business. You need strong supply chains, top talent, aggressive marketing, and a willingness to adapt to a changing business climate. Another major component of a successful business that is often overlooked is commercial real estate.
Owning commercial properties in Saint Petersburg and the surrounding areas of Florida requires great attention to safety, aesthetics and efficiency. With that, it is not uncommon to see ongoing construction projects. Some locations are considered up and coming and are trying to bolster their appearance and amenities to draw tenants and customers.
Real estate investors should never forget to conduct their due diligence even if a potential deal appears tempting. There are warning signs that a commercial real estate deal is not as good as it looks and should be closely scrutinized or even avoided.
Real estate investors should never forget to conduct their due diligence even if a potential deal appears tempting. There are warning signs that a commercial real estate deal is not as good as it looks and should be closely scrutinized or even avoided.
A local industrial property used by a manufacturer of high-end tobacco products sold for over $15.5 million. The sale was part of a broader deal between two investment firms. The selling firm originally bought the property for $14.8 million about a year ago.
Larry Silvestri was recently interviewed by the Business Observer about how COVID-19 is impacting the Tampa Bay commercial real estate market.
The St. Petersburg Chamber recently featured Silvestri Law on its Brights Spots Blog. See an excerpt of the writeup in the following article.
The St. Pete Catalyst’s “Influencers” series features local business leaders who are making a positive impact in St. Pete. Read an excerpt from Larry Silvestri’s Q&A for the series in this article.
LexisNexis recently featured Larry Silvestri in its attorney profile series. Read the following excerpt from the article.
Propmodo, a global source that explores emerging technologies and the built environment, recently interview Larry Silvestri about how COVID-19 has changed the way retailers use parking lots.
