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Investing in the Urban Core - Infrastructure

Every city wants to be recognized for its unique characteristics. Cities want visitors to be intrigued by what they have to offer, businesses to thrive in their surrounding environment, and residents to be proud to call it home. For all of this to happen, the infrastructure of cities – the structures and services that act as a basis for the economy and quality of life -must continue to grow and meet the demands of an increasing population.


The Benefits of Winning a TOBY Award

BOMA’s annual TOBY award is the most prestigious and comprehensive award of its kind in the commercial real estate industry, recognizing quality in commercial buildings and rewarding excellence in building management. During the competition, all facets of the building’s operations and management were thoroughly evaluated.


E-Commerce as a Driver of Industrial Demand

Are you in the best position with your industrial asset? Marty Busekrus, SIOR, CCIM, Managing Directory of Ciminelli Real Estate Services of Florida talks about the effect that e-commerce has on the industrial demand of our country.

Written by: Marty Busekrus, SIOR, CCIM, Managing Director of Ciminelli Real Estate Services of Florida – South Florida


10 Questions to Ask On a Commercial Property Tour

Between the listing agent and your broker, you will have a wealth of readily available knowledge about the property’s history, condition, amenities, and location. This is what you should be asking to help you determine if the space you are touring is the best fit for your company: 


Top Commercial Real Estate Maintenance Requests

As building owners ourselves, Ciminelli Real Estate Corporation understands the value of maintaining a real estate asset and ensuring that it is delivering the highest possible return for the owner. Gathering data from a portfolio totaling over 16M square feet revealed several interesting data points. Here, we’ve ranked the top ten work orders from least to most requested.


Ground Breaking Developments in Tampa

The Tampa Bay area landscape is changing. With supply in commercial real estate space dwindling, we are finally seeing the shift to development in the area. In this article, we outline some of the major projects that are shaping the real estate industry in our area:


If These Walls Could Talk... Interesting Facts about Bethune Lofts.

Bethune Lofts, located at 2917 Main Street, is one of Ciminelli Real Estate Corporation’s historical, residential renovation projects. While reminiscing on Bethune’s history, we thought we would share some of the building’s most interesting facts.


5 Reasons Why Tenant Relations Is Our Most Important Metric

No matter the business industry, any professional will attest to the importance of customer service and satisfaction. At Ciminelli, we pride ourselves in providing the highest level of service to all of our tenants. We have compiled the top 5 reasons good tenant relations are critical to our current and future success.


5 Tips for Effective Vendor Procurement and Management

Contributed by Zach Melas, Director of Procurement, Buffalo, NY

As part of our commitment to providing our customers with the highest level of service, Ciminelli Real Estate Corporation works to identify opportunities to mitigate risk, improve vendor performance, and realize cost savings. Zach Melas, the Director of Procurement at Ciminelli Real Estate Corporation identifies his top 5 tips for effective vendor procurement and management.


How involved is Your Property Management Team?

How involved is your property management team?  Gina Karnes (Property Manager) & Shannon Barbur (Accounting Manager) discuss how involved your property management team should be.


5 Tips to Consider Before Renewing Your Commercial Lease

Renewing a commercial lease can be a complex situation for corporate tenants. It is also an opportunity to reflect on the current position of your business as a renter, revisit the commercial real estate market, and gather valuable information that can be used to negotiate a better lease agreement. Learn how Ciminelli Real Estate Corporation can help you renew your commercial lease.


Ciminelli Real Estate Services Receives TOBY Award for Carrollwood Physicians Group

On November 7, 2018, The Building Owners and Managers Association (BOMA) Greater Tampa Bay recognized winners of the 2018 Outstanding Building of the Year (TOBY) awards. The Outstanding Building of the Year (TOBY) Awards are the most prestigious and comprehensive programs of their kind in the commercial real estate industry recognizing quality in buildings and rewarding excellence in property management.


Corporate Responsibility to Staff Development

We recently had the opportunity to interview two of our employees about their career paths with Ciminelli. Both Eric Marcus (Corporate Accountant Associate) and Michael Cullinan (Property Manager) were able to move up within the company, eventually aligning with positions that they never imagined possible at the start of their employment. Read more about Eric and Michael’s experiences below.


The Impact of Automation in Facilities Management

Contributed by Kristen Zdon, Service Systems Manager, Buffalo, NY

Technology has brought us a long way from things like land lines and typewriters. With the automation of powerful work order management software and sophisticated tools like dashboards and customizable reporting to analyze data, many difficulties have become easier to manage, if not completely eliminated.


Ciminelli Real Estate Service in the Tampa, FL Community

Contributed by Heather List, Business Development Manager, Tampa, FL

Ciminelli Real Estate Services believes that community is not just a place; it is a relationship that ties companies, causes and people together. Below are some of the activities and programs we've participated in.


Understanding the Basics of Commercial Real Estate Leases

Contributed by Edward McGinn, Licensed Real Estate Broker, CCIM

A commercial real estate lease is a long-term commitment, and like all long-term commitments in life, you want to be sure you know exactly what you are getting into. It is crucial for both the property owner and tenant to understand which expenses are included and excluded from the lease; this will help to avoid any future confusion after signing on the dotted line.


5 Things to Consider Before Leasing Office Space

Contributed by Thomas Hernandez, Associate Director, SIOR, CCIM

Whether your company is moving offices or opening its first brick and mortar location, leasing office space can be a stressful task. According to a 2007 study done by Gettysburg Professor Andrew Naber, "one-third of your life is spent at work". So, it's safe to say your office has a major impact on your life. We collaborated with our real estate and property management professionals to compile the top five things to consider when renting an office space.


Residential Property Profile: The Mentholatum

Contributed by Amber Holycross, Senior Development Manager, AIA, LEED AP ID+C

The Mentholatum building is recognized locally for its association with The Mentholatum Company, a manufacturer of menthol-based health and beauty products. Ciminelli's vision for a landmark, residential mixed-use project that would be the cornerstone of Niagara Street's redevelopment, was realized through substantial renovation of the existing building.


5 Steps to Improve Building Expenditure

Contributed by Chris Reckart, Vice President Property Services, CPM, RPA, FMA

A building can only be as good as its property manager. From daily functions to vendor contracting, an established budget and eye for detail can make or break a building's profitability. Ciminelli's continually expanding managed portfolio of nearly 16 million square feet speaks volumes about our team's performance. As building owners ourselves, we know effective commercial property management is not just about maintenance - it's about identifying efficiencies and capitalizing on them to provide economic benefits to the owner/client. 


Ciminelli's Expansion Into South Florida

Contributed by Marty Busekrus, Managing Director, CCIM

January brought about the grand opening of our office in South Florida servicing the Palm Beach, Broward and Miami Dade Counties.  While this is a new venture for Ciminelli, the personnel that have formed the base of operations have been working in the South Florida commercial real estate world for quite some time. This office is headed by Mara Porras and Marty Busekrus, which combined have nearly 50 years of commercial real estate experience.  In terms of deal volume, they have managed over 2M square feet with transactional volumes in excess of $800M.


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