Research shows that nearly a fifth of real estate agents selling non-residential properties closed sales with international clients in 2017. In addition, 35 percent reported that they had seen more international clients come their way during the past few years. As a result, now may be an ideal time for commercial real estate owners in Los Angeles to sell properties featuring commercial leases.
According to a recently conducted study, most real estate agents specializing in the buying and selling of commercial properties live in smaller markets. In these markets, their deals are usually under $2.5 million. However, these smaller markets’ profiles are continuing to rise, as many foreign investors show increased interest in smaller properties found in tertiary and secondary markets.
As a result of the above, real estate agents are generally feeling more confident that increased leasing activity and sales will remain a trend in the rest of 2018. Since 2016, economies around the world have re-established themselves, leading to increased economic output worldwide in 2017. Commercial real estate, in particular, remains an especially healthy area in which investors around the world can invest.
Selling properties featuring commercial leases can be a complicated process, even for those who have been through the commercial property sale process before. After all, no two properties and thus no two sales are alike. However, an attorney in Los Angeles can provide sellers with the direction they need to complete their real estate transactions in the most lucrative manner possible, so that they can potentially move forward with other investment opportunities.