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Tuesday, April 21, 2009

Fimiani keeps busy on the Gulf Coast


Boca Raton, Florida - Our Net Lease Properties news today is on leasing investment property. Some Tenants that we wish for are National Credit Tenants (CTL) to take over our triple net lease properties. Although there are times that we have to take in a local Tenant for a net leased property.

We see that Fimiani Development announced the signing of the following net leases at Retail Shopping Centers in Bradenton, Palmetto, Largo and Lutz:

- U-Fit, a gym and fitness facility, has leased 12,798 square foot at Desoto Junction in Bradenton. This 150,896 square foot retail shopping center is anchored by Marshalls and is on US 41. Michael Fimiani, president of Fimiani Development, and Ryan Hayoun, leasing associate with Isram Realty Holdings, handled the transaction.
- Fanny Bernuy, a Mexican restaurant, has leased 1,050sf at East Bay Plaza in Largo. This 85,426 square foot neighborhood retail shopping center is on Easy Bay Drive. This Retail Shopping Center will soon be anchored by Publix, a worthy Tenant for all triple net lease properties.

NNN Commercial Real Estate information on this fine development Company. Fimiani Development Corporation is a boutique development firm located in beautiful, downtown Boca Raton, Florida. This Commercial Real Estate Development firm focuses on: creating value by redeveloping retail shopping centers and commercial real estate projects throughout the state of Florida.

At Fimiani Development, their services include:

•Acquisition and redevelopment of existing retail shopping centers. Ground-up development of new retail shopping centers
•Consultation in developing 3rd-party leasing programs
•Performing 3rd-party leasing assignments of retail shopping centers & triple net leased properties
•Receivership and workout assignments of retail shopping centers & triple net leased properties and commercial real estate projects

NNN Commercial Real Estate and 1031's

There are plenty of benefits of NNN Commercial Real Estate such as using a 1031 tax deferred exchange. Unlike other investments, commercial real estate is a great tax saver and helps you defer capital gains tax by using the 1031 tax deferred exchange. The best approach is to contact a tax specialist to get the proper information for a 1031 exchange. Today is a great day to search for Net Lease Properties now.

When you are purchasing Commercial Real Estate or a "NNN" Triple Net Leased Property, you can apply for CTL Financing, Non Recourse Loans and Commercial Loans at

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