As a real estate developer, it is essential to understand the nitty-gritty details of commercial leases. One key factor to consider when negotiating such arrangements is who pays the building expenses. These include costs like property taxes, insurance premiums, maintenance fees, and utilities – all of which can add up significantly over time if not […]

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Investing in real estate is reputable for being profitable. Investors have a vast range of options, and one of them is commercial real estate (CRE), which is gaining a lot of attention as time goes by. This is because it has a higher income yield and low maintenance costs. However, you should consider crucial aspects […]

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Securing a commercial tenant usually means that a property owner can count on a year or more of regular payments. Commercial leases frequently run for several years and therefore help guarantee a steady stream of income for some time.  Unfortunately, businesses often fail. Especially if your tenant is a startup business, it might reach a […]

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To say it’s been a rough few years for the restaurant industry is an understatement. As the owner of one hospitality group puts it, “It’s like being kicked in the shins, over and over again.” Now, restaurant owners in Los Angeles are facing another potential challenge. In 2020, a program called LA. Al Fresco allowed […]

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Operating a successful business requires sound decision-making, especially as the company grows. For example, if you must relocate due to growth, you’ll need to decide between leasing or buying your next commercial space. Unfortunately, there is no easy answer to whether it’s better to buy or lease commercial real estate as it depends on factors […]

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Completing a commercial property and getting ready to lease is a proud moment for developers. You can lease your space to business owners for offices or industries for warehouses, data centers and other industrial activities. Further, you may lease your property for mixed uses, in which case your tenants may be malls, restaurants, department stores, […]

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You operate a pretty tight commercial real estate business, and you fully understand how competitive the market can be in your location. Vacancies are low and rents are high. You’d like to weed out the bad tenants in a prospective group as quickly as possible. Is it acceptable, then, to ask for “key money” in […]

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The lack of affordable housing in California – particularly in the Los Angeles and San Francisco areas – has long been a problem. State lawmakers have been attempting to tackle it via legislation that would provide more and lower-priced housing within a finite amount of space. Last month, Gov. Gavin Newsom signed two bills into […]

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A commercial landlord may buy a property with some ideas already in mind about the type of businesses they would like to have in that space. Maybe they just think it fits the area or it fits the type of building that they bought. In any case, it’s their property and they have plans for […]

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A positive side effect of business success and growth is gaining more and more customers. You might soon need to consider leasing industrial warehouse space to continue meeting customer demands. These facilities can fill several needs, from facilitating product distribution to storing or manufacturing goods. Although warehouses may look alike, they are not built according […]

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