Insurance coverage is a large part of California construction projects. No one, from developers to subcontractors, wants to be left holding the bag if something goes wrong. With the increase in the use of WRAP exclusions, a general contractor, owner or developer could...
Year: 2018
What you should know before signing a pop-up shop lease
The name “pop-up shop” seems to be the new name for what used to be called a short-term lease. Pop-up shops or stores continue to grow because they can be a low-cost way for businesses to offer products at a locale without a long commitment. Many seasonal...
Commercial lease vocabulary: Base rent
Deciding to open a business here in Orange County may require an individual to find a space to rent. If this is his or her first foray into the commercial lease world, a person may find it much different than when renting a first apartment in college. There are...
Should California developers tap into the hotel market?
It seems that people across the country, including many here in California, are spending more time in hotels. In fact, Marcus & Millichap reports that as of the middle of 2018, the number of occupied rooms across the country has increased approximately 70 basis...
Looking for the right commercial tenant? These tips may help
Every investor, owner and developer's desire is to fill a building and have it become profitable. For this reason, the hunt for commercial tenants often begins before a particular Orange County building is even completed, if it is a new development. The problem...
Be sure that commercial lease is ready to sign
Starting a new business is an exciting time for many Orange County entrepreneurs. The urge to get started can sometimes be difficult to deny, but with so many matters to attend to before opening the doors, patience may be a virtue even if it is not appreciated. This...
Opening a store? Find the right retail space for the goods
When looking for a location for a new store here in Orange County, a business owner may want to consider several factors. For instance, just because an area sees a lot of traffic does not necessarily make it a good location for a particular retail establishment....
Many developers are rethinking their commercial spaces
Without the ability to adapt, many projects here in California would more than likely falter. As the needs and desires of consumers change, so must the commercial and retail landscape. Many developers and landlords already know this, and are making adjustments to...
Public opinion is important to any development
California zoning boards may make decisions regarding whether a project is built in a commercial zone, an industrial zone or some other area. However, the public may also play a role in the decision making process when it comes to the placement of a development....
Choosing the best location for a new business
Starting a new business venture is exciting, but might be complicated. There are many factors you have to consider when starting a company, including where it should be located.Location is key in a successful business and you might not know what the best method is for...