The economy is currently growing and is continuing to stabilize. As a result, those who buy properties featuring commercial leases are expected to fare well. Sellers of commercial real estate in Los Angeles and elsewhere should likewise thrive in the current commercial real estate market.
Investors in Los Angeles may have heard time and time again that retail is going the way of the dinosaurs. The reality, though, is that retail properties featuring commercial leases are not extinct when it comes to the restaurant industry or the retail food industry. Here is a look at how members of Generation Z -- those born later than 1996 -- are impacting this aspect of the commercial real estate world.
The real estate industry in Los Angeles and other parts of the United States continues to change as a result of a variety of factors. These factors include both short-term and longer-term issues. Here is a look at a couple of these issues and how they may impact those purchasing properties featuring commercial leases going forward.
The presence of mold in the workplace can lead to the sickness and harm of the men and women who work on the premises. Under California law, landlords have the obligation to disclose the presence of mold in commercial buildings they own and lease to businesses. Failure to do so or efforts to hide the mold is illegal and could be grounds for a legal claim.
Finding the ideal space for housing a business in Los Angeles can no doubt be thrilling. However, an important step in this process is to agree to and sign a lease. Here is a look at the various types of commercial leases that business owners can take advantage of, with each one having both benefits and challenges.
Los Angeles and other parts of California remain hot areas for the purchase and sale of business properties. However, not all types of commercial real estate are continuing to gain ground in the Golden State. Multifamily and industrial properties featuring commercial leases are especially in demand right now, whereas office and retail properties are losing steam.