Congratulations! You successfully surveyed the marketplace, jumped through several financial and logistical hoops, and have finally been accepted as a franchisee of a major corporation. Now all that is left is finalizing your commercial lease, hiring your team and getting on with business.
The way that the next generation wants to live may be changing, how suburbs and commercial business districts are viewed. California millenials want their neighborhoods to provide them with everything they need -- often within walking distance. Does this mean that developers will need to adjust how and where they build in order to accommodate a new way of thinking and living?
Renting retail space here in Orange County may have been the best choice for your company. After negotiating a commercial lease you felt worked well for your situation, you settled in and opened your doors. When you signed your lease, you relied on the fact that you and your landlord would fulfill your separate obligations without question. However, that might not always be the case.
Finding the right location in Orange County for a particular project involves numerous factors. The characteristics of the land in question are a big factor that developers consider. What may attract you to a certain piece of land may make it unsuitable for another.
In order to better serve their patients, and potentially increase their walk-in traffic, many in the medical field are looking to lease in what some may call an unusual place. Shopping centers are becoming popular with California specialists (such as allergists and dermatologists) and family practitioners alike. If you are considering moving into a more retail centered location, you may need to be ready for some surprises as you negotiate your commercial lease.