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In Southern California, the real estate market is highly competitive. This is especially true for those interested in purchasing properties in the Los Angeles area that would enable them to offer in-demand commercial leases. A couple of tips may help with navigating commercial real estate deals in the Golden State. First, financial qualification can help an aspiring buyer and his or her company to succeed when the perfect opportunity comes. A bank might have already verbally told a buyer that it is willing to lend this buyer money to purchase a commercial property, but this is not enough. Obtaining a pre-qualification letter that includes a comprehensive review of the buyer’s current financial snapshot is essential. Another essential move is to remove contingencies. For instance, some buyers might actually have to sell their own properties before they can buy new ones. If this is the case and they include these contingencies with their purchase offers, their offers may end up getting overlooked for those of other buyers who are immediately ready to buy. In addition, having a liquid down payment can increase a buyer’s chances of having his or her offer approved. Commercial real estate in Los Angeles offers great promises, but it can also be a big headache for those unfamiliar with the buying process. Even those who are familiar with it may run into new issues with every deal, as no two deals are the same. An attorney can help with navigating these types of deals so that one’s goal of being able to offer commercial leases in California will ultimately be realized. Source: ocregister.com, “ 4 ways to win a commercial real estate deal “, Allen Buchanan, Sept. 2, 2017

In Southern California, the real estate market is highly competitive. This is especially true for those interested in purchasing properties in the Los Angeles area that would enable them to offer in-demand commercial leases. A couple of tips may help with navigating commercial real estate deals in the Golden State. First, financial qualification can help an aspiring buyer and his or her company to succeed when the perfect opportunity comes. A bank might have already verbally told a buyer that it is willing to lend this buyer money to purchase a commercial property, but this is not enough. Obtaining a pre-qualification letter that includes a comprehensive review of the buyer’s current financial snapshot is essential. Another essential move is to remove contingencies. For instance, some buyers might actually have to sell their own properties before they can buy new ones. If this is the case and they include these contingencies with their purchase offers, their offers may end up getting overlooked for those of other buyers who are immediately ready to buy. In addition, having a liquid down payment can increase a buyer’s chances of having his or her offer approved. Commercial real estate in Los Angeles offers great promises, but it can also be a big headache for those unfamiliar with the buying process. Even those who are familiar with it may run into new issues with every deal, as no two deals are the same. An attorney can help with navigating these types of deals so that one’s goal of being able to offer commercial leases in California will ultimately be realized. Source: ocregister.com, “ 4 ways to win a commercial real estate deal “, Allen Buchanan, Sept. 2, 2017

The state of California, including Los Angeles, continues to offer a wellspring of opportunities for those interested in mixed-use properties. In San Francisco, construction is expected to soon start on a new mixed-use project that will stand six stories tall and feature residential, restaurant and retail spaces. Just a few important permits are necessary before the construction phase can begin and commercial leases are offered. The area being developed was the site of a McDonald’s restaurant in recent years. Now, instead of seeing golden arches there, passersby will start to see a building that spans 150,000 square feet and features ritzier food and beverage options. Restaurants and retail shops will be on the ground floor, and there will also be 20 hotel rooms and 77 apartments sold at market rates. Three floors will also be dedicated to underground parking. No formal schedule related to the beginning of construction currently exists. However, the developers of the site, known as 1380 California, currently have the majority of the permits needed to commence building, which will first include demolishing the old McDonald’s building. The project’s last design review took place on Sept. 20. Business owners in Los Angeles may benefit from new opportunities to sign commercial leases in this area of the state. The right spots can help them to draw more customers and ultimately buttress their bottom lines. However, choosing the right spot is only half the battle, with the other half having to do with lease negotiations. An attorney can help with reviewing and negotiating a lease to ensure that one’s rights and best interests are protected before one signs on the dotted line. Source: eastbaytimes.com, “ Walnut Creek mixed-use project to push out old McDonald’s “, Sam Richards, Sept. 26, 2017

The state of California, including Los Angeles, continues to offer a wellspring of opportunities for those interested in mixed-use properties. In San Francisco, construction is expected to soon start on a new mixed-use project that will stand six stories tall and feature residential, restaurant and retail spaces. Just a few important permits are necessary before the construction phase can begin and commercial leases are offered. The area being developed was the site of a McDonald’s restaurant in recent years. Now, instead of seeing golden arches there, passersby will start to see a building that spans 150,000 square feet and features ritzier food and beverage options. Restaurants and retail shops will be on the ground floor, and there will also be 20 hotel rooms and 77 apartments sold at market rates. Three floors will also be dedicated to underground parking. No formal schedule related to the beginning of construction currently exists. However, the developers of the site, known as 1380 California, currently have the majority of the permits needed to commence building, which will first include demolishing the old McDonald’s building. The project’s last design review took place on Sept. 20. Business owners in Los Angeles may benefit from new opportunities to sign commercial leases in this area of the state. The right spots can help them to draw more customers and ultimately buttress their bottom lines. However, choosing the right spot is only half the battle, with the other half having to do with lease negotiations. An attorney can help with reviewing and negotiating a lease to ensure that one’s rights and best interests are protected before one signs on the dotted line. Source: eastbaytimes.com, “ Walnut Creek mixed-use project to push out old McDonald’s “, Sam Richards, Sept. 26, 2017

A real estate brokerage in California recently completed a property portfolio sale and leaseback. The transaction took place in Rancho Cucamonga and Carteret, less than an hour from Los Angeles. With these types of transactions, property owners may sell their commercial real estate assets for quick capital and then do commercial leases with these assets, essentially leasing them back from the buyers. In the recent sale and leaseback, the company CBRE purchased an industrial portfolio featuring three properties. The company said the transaction was complex and highly coordinated, considering the short time frame with which it had to work. The three properties total more than 139,000 square feet. According to CBRE, the solid interest in this offering proves that the demand for these types of industrial investments is robust in submarkets that serve Los Angeles and other similar gateway cities. The three-property portfolio is currently fully leased to a manufacturer of seafood products. The manufacturer specializes in providing products that are crab flavored to food service clients. The specific financial terms of the complex were not divulged. Dealing with commercial leases can be both exciting and intimidating in the competitive real estate markets of Los Angeles and surrounding areas. In the same way, buying and selling real estate can be complicated, with one mistake having the potential to cost a buyer or seller money, time or the deal itself. An attorney in California can help with these types of transactions to make sure that one’s rights are protected with each step. Source: njbiz.com, “ CBRE completes purchase in Carteret, California “, Mario Marroquin, Sept. 7, 2017

A real estate brokerage in California recently completed a property portfolio sale and leaseback. The transaction took place in Rancho Cucamonga and Carteret, less than an hour from Los Angeles. With these types of transactions, property owners may sell their commercial real estate assets for quick capital and then do commercial leases with these assets, essentially leasing them back from the buyers. In the recent sale and leaseback, the company CBRE purchased an industrial portfolio featuring three properties. The company said the transaction was complex and highly coordinated, considering the short time frame with which it had to work. The three properties total more than 139,000 square feet. According to CBRE, the solid interest in this offering proves that the demand for these types of industrial investments is robust in submarkets that serve Los Angeles and other similar gateway cities. The three-property portfolio is currently fully leased to a manufacturer of seafood products. The manufacturer specializes in providing products that are crab flavored to food service clients. The specific financial terms of the complex were not divulged. Dealing with commercial leases can be both exciting and intimidating in the competitive real estate markets of Los Angeles and surrounding areas. In the same way, buying and selling real estate can be complicated, with one mistake having the potential to cost a buyer or seller money, time or the deal itself. An attorney in California can help with these types of transactions to make sure that one’s rights are protected with each step. Source: njbiz.com, “ CBRE completes purchase in Carteret, California “, Mario Marroquin, Sept. 7, 2017

Nowadays, there is a push among the owners of office buildings and real estate developers to bridge the gap between urban life and suburban life. With this comes a new concept known as urb-suburban. By embracing this vibe, real estate investors in Los Angeles who are interested in offering commercial leases may experience levels of success they have never seen before. The concept of urb-suburban describes the mixture of suburban offices in settings that are walkable and offer easy access to the types of amenities often seen in urban settings. These amenities include the likes of retail, restaurants, transit and housing. Industry experts said that developers and owners who do not embrace this concept may find it more difficult to justify brand-new projects or attract brand-new tenants. An example of a submarket that provides many urb-suburban attributes in California is Santa Monica, a suburb of Los Angeles. Yet another one in California is the San Francisco Bay Area suburb known as Palo Alto. In another state, an established submarket is the New Jersey Hudson River waterfront. Figuring out whether to focus on the urban setting, the suburban setting or both when offering commercial leases can be tricky. This is especially true in dynamic California, where the real estate industry continues to be bustling. However, another common challenge among investors is figuring out how to navigate their commercial real estate deals; after all, every deal is different. An attorney in Los Angeles can help to ensure that one’s unique goals are accomplished in each deal in the Golden State. Source: nreionline.com, “ Do Office Tenants Prefer the City or the Suburbs? “, John Egan, Aug. 16, 2017

Nowadays, there is a push among the owners of office buildings and real estate developers to bridge the gap between urban life and suburban life. With this comes a new concept known as urb-suburban. By embracing this vibe, real estate investors in Los Angeles who are interested in offering commercial leases may experience levels of success they have never seen before. The concept of urb-suburban describes the mixture of suburban offices in settings that are walkable and offer easy access to the types of amenities often seen in urban settings. These amenities include the likes of retail, restaurants, transit and housing. Industry experts said that developers and owners who do not embrace this concept may find it more difficult to justify brand-new projects or attract brand-new tenants. An example of a submarket that provides many urb-suburban attributes in California is Santa Monica, a suburb of Los Angeles. Yet another one in California is the San Francisco Bay Area suburb known as Palo Alto. In another state, an established submarket is the New Jersey Hudson River waterfront. Figuring out whether to focus on the urban setting, the suburban setting or both when offering commercial leases can be tricky. This is especially true in dynamic California, where the real estate industry continues to be bustling. However, another common challenge among investors is figuring out how to navigate their commercial real estate deals; after all, every deal is different. An attorney in Los Angeles can help to ensure that one’s unique goals are accomplished in each deal in the Golden State. Source: nreionline.com, “ Do Office Tenants Prefer the City or the Suburbs? “, John Egan, Aug. 16, 2017

Real estate in the Los Angeles area has been strong in past years and continues to be robust in 2017. One particular aspect of the commercial real estate market is logistics buildings. Thus, real estate investors interested in offering commercial leases may find a wellspring of opportunity in the City of Angels. The Inland Empire area of Southern California features top-quality logistics buildings that experienced a rent jump of 4.7 percent year over year earlier this year. However, the Los Angeles market saw a jump of a whopping 9.2 percent. This information comes from CBRE, a commercial real estate investment firm. With its 9.2 percent jump, Los Angeles was listed as being in sixth place worldwide when it came to rent increases for prime logistics properties during 2017’s first quarter.  Meanwhile, the Inland Empire area of the state ranked 21st. In addition, the rent per square feet per year in Los Angeles was $8.52, much higher than that for the Inland Empire area at $5.40. Part of the reason the demand for logistics centers is increasing is because electronic commerce operators need about triple the space that the users of traditional warehouses need, mostly because of how their items are packaged as well as how quantity of goods they handle. In light of this, these types of buildings may be worthwhile investments in today’s real estate climate for those interested in providing commercial leases. An attorney in Los Angeles can offer guidance during even the most complex of deals to ensure that one’s real estate goals are ultimately achieved in the Golden State. Source: pe.com, “ Why Inland area remains top bargain for logistics centers “, Richard Deatley, Aug. 8, 2017

Real estate in the Los Angeles area has been strong in past years and continues to be robust in 2017. One particular aspect of the commercial real estate market is logistics buildings. Thus, real estate investors interested in offering commercial leases may find a wellspring of opportunity in the City of Angels. The Inland Empire area of Southern California features top-quality logistics buildings that experienced a rent jump of 4.7 percent year over year earlier this year. However, the Los Angeles market saw a jump of a whopping 9.2 percent. This information comes from CBRE, a commercial real estate investment firm. With its 9.2 percent jump, Los Angeles was listed as being in sixth place worldwide when it came to rent increases for prime logistics properties during 2017’s first quarter.  Meanwhile, the Inland Empire area of the state ranked 21st. In addition, the rent per square feet per year in Los Angeles was $8.52, much higher than that for the Inland Empire area at $5.40. Part of the reason the demand for logistics centers is increasing is because electronic commerce operators need about triple the space that the users of traditional warehouses need, mostly because of how their items are packaged as well as how quantity of goods they handle. In light of this, these types of buildings may be worthwhile investments in today’s real estate climate for those interested in providing commercial leases. An attorney in Los Angeles can offer guidance during even the most complex of deals to ensure that one’s real estate goals are ultimately achieved in the Golden State. Source: pe.com, “ Why Inland area remains top bargain for logistics centers “, Richard Deatley, Aug. 8, 2017

A retail property in the Los Angeles area recently sold for a whopping $22 million. The property was sold to a Los Angeles buyer, who was not immediately identified. Known as The Gardens, this retail property offers many opportunities for commercial leases. CBRE ended up brokering the sale of the retail property. This particular property is more than 96 percent occupied and is near a casino and regional hospital. AU Zone Investments #2 LP was the seller, who reportedly sold the property because its portfolio includes heavy investments in retail, and it wanted to diversify its portfolio by branching out to other types of real estate assets. Officials with CBRE said that the fact that the property is located in a relatively busy area with excellent demographics is a huge plus. The area not only features high traffic but also has a strong mixture of both regional and national tenants. Businesses that are currently tenants at The Gardens include Subway, 99 Cents Only and Wing Stop. Investors who are interested in buying properties and offering commercial leases may find some promising opportunities in the bustling Los Angeles area. However, even though the purchase of The Gardens appears to have gone relatively smoothly, not all commercial real estate transactions are as easy to navigate. Even in the seemingly easy ones, a single mistake can end up being costly in a major way financially. A qualified attorney can help with commercial real estate deals featuring a wide range of complexity levels to ensure that one’s ultimate goals are achieved in today’s real estate industry. Source: bisnow.com, “ This Week’s LA Deal Sheet “, Karen Jordan, Aug. 15, 2017

A retail property in the Los Angeles area recently sold for a whopping $22 million. The property was sold to a Los Angeles buyer, who was not immediately identified. Known as The Gardens, this retail property offers many opportunities for commercial leases. CBRE ended up brokering the sale of the retail property. This particular property is more than 96 percent occupied and is near a casino and regional hospital. AU Zone Investments #2 LP was the seller, who reportedly sold the property because its portfolio includes heavy investments in retail, and it wanted to diversify its portfolio by branching out to other types of real estate assets. Officials with CBRE said that the fact that the property is located in a relatively busy area with excellent demographics is a huge plus. The area not only features high traffic but also has a strong mixture of both regional and national tenants. Businesses that are currently tenants at The Gardens include Subway, 99 Cents Only and Wing Stop. Investors who are interested in buying properties and offering commercial leases may find some promising opportunities in the bustling Los Angeles area. However, even though the purchase of The Gardens appears to have gone relatively smoothly, not all commercial real estate transactions are as easy to navigate. Even in the seemingly easy ones, a single mistake can end up being costly in a major way financially. A qualified attorney can help with commercial real estate deals featuring a wide range of complexity levels to ensure that one’s ultimate goals are achieved in today’s real estate industry. Source: bisnow.com, “ This Week’s LA Deal Sheet “, Karen Jordan, Aug. 15, 2017