The Calhoon Commercial Group Remain Bullish on Commercial Market
June 5, 2019 (Tampa Bay, FL) – Led by Patrick and Chris Calhoon, the Calhoon Commercial Group in the Smith & Associates Commercial Real Estate division, is celebrating a record-breaking month. With sales topping $7 million, the Smith’s team remains bullish on Tampa Bay’s commercial real estate market due to the number of buyers who are still looking for investment properties.
“Tampa Bay is an attractive area for investors right now. We have population growth, workforce growth, and favorable market conditions which increases buyer confidence in long-term return on investment,” says Patrick Calhoon.
The Calhoon Commercial Group is part of Smith’s commercial team who is being recognized by the Tampa Bay Times’s Best of the Best People’s Choice Award for “Best Commercial Real Estate Company.”
“Being recognized as the Best Commercial Real Estate company in Tampa Bay is a true honor. We strive to be the local company that people can rely on for investment opportunities and this award shows that our community holds us in high esteem,” said Chris Calhoon.
Calhoon Group Commercial Sales for May:
Pine Landing Villas – 34 townhome complex in Seffner for $ 3,835,000
Valencia Apartments – 16 units in St Petersburg for $ 1,500,000
Portsmouth Rd Office Building in Largo – $ 360,000
Gandy Blvd Office Building in St Petersburg – $ 625,000
4th St Strip Center in St Petersburg – $ 800,000
Calhoon Group Commercial Leased Properties May:
Drive Thru Restaurant in Downtown St Petersburg – ten-year lease
Largo Office Building – 2-year lease
About Smith & Associates Real Estate
Founded in 1969, Smith & Associates Real Estate is Tampa Bay’s largest independent and locally-owned real estate brokerage, with a commitment to exceptional service, and superior market knowledge. Deeply embedded in the community and comprised of six strategically located offices in the Tampa Bay area, they were chosen to be on the 2017 Real Trends 500 for both Sales Volume and Number of Transactions. For more information on Smith & Associates Real Estate, please visit www.smithandassociates.com.