When people sell their non-residential properties in Los Angeles, their main goal is to sell their properties for the most money possible. They also want to complete their transactions quickly and with few conditions. However, what complicates transactions involving properties featuring commercial leases is that commercial offerings have several potential buyers with varying pricing expectations. Here is a glimpse at who a couple of these buyers are.
Life science is an increasingly popular field throughout the United States, including in Los Angeles. Part of the reason for this is that pharmaceutical firms are increasingly pairing with incubator laboratories along with startup companies to drive research/development. This is great news for those who are interested in life science careers, but it is also welcome news for investors who are interested in purchasing properties featuring commercial leases.
Sales of nonresidential properties reached near-record heights in 2018, with many of the biggest portfolio deals coming from the managers of private funds. In addition, today's low interest rates may make for a strong 2019. This is good news for people who are interested in investing in properties featuring commercial leases in Los Angeles or the surrounding area this year.
Based on traditional wisdom, investing in nonresidential properties across the United States, including in Los Angeles, is generally a good idea. Still, does this remain true for 2019 -- specifically when it comes to investing in properties featuring commercial leases? Industry experts say that yes, commercial real estate investing is worthwhile this year for multiple reasons.
Artificial intelligence, or AI, is infiltrating nearly all sectors of today's economy in Los Angeles and elsewhere. Therefore, naturally, the market for properties featuring commercial leases may soon experience an AI-driven revolution. Why exactly? Because AI has the potential to make the real estate industry operate more efficiently and profitably and become more service oriented.
According to industry experts, the year of 2018 was a great one for the market of non-residential properties. This year should be another great one, too. Therefore, those who are interested in purchasing properties in Los Angeles and elsewhere featuring commercial leases may have a lot to look forward to in the months ahead.
Research shows that December was the hardest month for the United States stock market in the past 10 years. Naturally, many consumers and investors may be wondering how the economy around the globe will fare in 2019. Investors in Los Angeles might also wonder how the market's current situation will impact deals involving properties featuring commercial leases.
In the property investing field in Los Angeles and elsewhere, there are plenty of myths and misunderstandings. This is particularly true, considering that the industry has many technology startups poised to drive changes in the industry. Here is a look at a couple of notable myths related to transactions involving buildings featuring commercial leases.
Areas of Southern California, including Los Angeles, have experienced nine consecutive years of economic gains. This has sparked a shortage of vacant buildings featuring commercial leases. However, the economy is currently cooling, which means more vacant properties are becoming available for investors to purchase. Here is a glimpse at a handful of situations that can lead to real estate property vacancies.
Purchasing a nonresidential property is not a decision to take lightly. Rather, it requires advanced planning and preparation to yield the best results. Here are a few tips for purchasing properties featuring commercial leases in Los Angeles.