There is no denying that the face of retail has transformed in recent years. Shopping centers and malls here in California and elsewhere no longer survive under the old development models. Moving forward may require some innovative and out-of-the-box thinking.Shopping...
Year: 2018
How the letter of intent plays into a commercial lease
When renting property here in Orange County, you may begin the process by signing a letter of intent. This document outlines the basic terms between you and the property owner. You may want to make sure you thoroughly read and understand this document, because it...
Hidden CAMs in a commercial lease
Regardless of whether retail properties here in Orange County are at a premium, prospective tenants still want to find the best deal possible. No one should sign a commercial lease if the terms price a tenant out of the space. Everyone involved wants to make a profit,...
Construction project contracts: change orders
So, you are contractor with a contract, the scope of work is defined, the price is set. You created an itemized list in your scope of work to help you get a better sense of the project’s cost and help you manage the expectations of your customer. Assuming you...
Franchisees are a special kind of commercial tenant
When some Orange County entrepreneurs consider starting a business, they look to franchises. Since much of the business is already established, it allows for certain guarantees when it comes to the success of the business. In some ways, this also makes a franchisee a...
New Warning Requirements for Tenants and Landlords Beginning August 30, 2108
You might not know what where it comes from, but you certainly recognize the ubiquitous sign: Detectable amount of chemicals known to the State of California to cause cancer, birth defects, or other reproductive harm may be found in and around this facility....
Construction project contracts: change orders
So, you are contractor with a contract, the scope of work is defined, the price is set. You created an itemized list in your scope of work to help you get a better sense of the project's cost and help you manage the expectations of your customer. Assuming you did...
Saving a landmark with a new development could be the answer
Even as young as the state of California may be when compared to other parts of the country, it still has its landmarks. Preserving them does not need to get in the way of progress, however. It may be possible to save a landmark with a new development nearby or on the...
Tips to get the most of out of a commercial lease
Shopping around for rental space here in Orange County may be a frustrating process. Finding a space that suits your needs at a reasonable price may seem like an insurmountable task. However, there are ways to get the most out of a commercial lease for a property that...
Embracing change may be key to surviving the ‘retail apocalypse’
The simple fact is that consumers shop differently now than they did prior to the explosion of online shopping. Previously, they went to malls and shopping centers for their retail needs, but now, many people sit at home, order from their electronic devices and wait...