You are the one who comes up with ideas and recruits others who see your vision. You may be good at rounding up the capital you need in order to make your project a reality. When it comes to the paperwork and complying with Orange County, California and federal laws...
Year: 2017
Who pays when there’s toxic mold? You or your landlord?
Mold has become a big topic of conversation in the media here in California and elsewhere in recent years. While most of the press covered household toxic mold issues, commercial buildings are just as susceptible. As a commercial tenant, you may wonder whether you or...
Leasing space in shopping centers is all about anchor tenants
As a large retail corporation, you know that developers may court you to lease space on their properties. You know that for them, leasing space in shopping centers is all about anchor tenants, of which you are one. This puts you in a unique position when it comes to...
Watch out for ‘administrative fees’ in common area maintenance charges
Last month we talked about common area maintenance and the wildly fluctuating fees property owners charge tenants in some cases. Fees for CAM, as the name suggests, go toward the maintenance of common areas, like parking lots. A given tenant's CAM costs principally...
What goes into the monthy payment for your retail space?
Starting a new business here in Orange County, or anywhere in the state, requires you to look at numerous financial considerations. One of the monetary issues that you need to include in your planning involves the amount of rent you will pay for your retail space....
Commercial tenant growth skyrockets in Orange County
It is a good time to be a landlord in Orange County. The area has seen the highest increase in commercial tenant growth in the United States. In the last two years, the rental market has increased by a staggering 23 percent. Rents have gone up as well.Why is there...
What to look for as a commercial tenant when signing a lease
Many businesses here in Orange County rent the space in which they conduct their business. As a commercial tenant, many of them are presented with boiler plate lease documents that more than likely favor the landlord. What they need to know is that they can negotiate...
Developers could have obstacles to rebuilding wildfire areas
Now that the smoke is clearing, surveying the damage done by the recent wildfires here in California could take some time. Even so, some developers are already beginning efforts to rebuild. However, they could encounter significant environmental obstacles as they do...
The success of your franchise could hinge on a commercial lease
More than likely, one of the reasons that you chose to purchase a franchise was because much of the legwork needed to make your new business a success was already done. Even so, it will be up to you to make your particular franchise here in California a success. One...
What we talk about when we talk about common area maintenance
The title of this post is a cheeky reference to acclaimed fiction writer Raymond Carver, who died in 1988, and his 1981 short story collection What We Talk About When We Talk About Love. Many of Carver's stories are populated with "regular" characters facing workaday...