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November 2019 Archives

Negotiating exterior factors in a commercial lease

When searching for the perfect rental property in Orange County, business owners often spend a great deal of time on the interior space and common area maintenance, or CAMs. However, when considering a space and negotiating a commercial lease, it is also necessary to pay attention to the exterior aspects of the space as well. Three of the most important exterior factors include access, parking, and signage and visibility.

Developers may take part in a new Southern California plan

As most people in Southern California are aware, the region does not have enough affordable housing to go around. In an effort to combat this situation, the Southern California Association of Governments recently approved a plan that would provide around 1.3 million new homes over a 10-year period. This could provide an opportunity for some developers.

Consider the load factor when negotiating a commercial lease

After finding the right retail space, a potential tenant will then enter into the negotiations with the landlord. The reason that it is important to negotiate the terms of a commercial lease is that rent is not based on just the square footage of the space. Orange County entrepreneurs may want to make sure they consider the load factor before signing anything.

The issues developers consider when it comes to real estate

The price of real estate and its value after purchase often depends on a variety of factors whether it is here in California or elsewhere. For this reason, many developers keep up to date on current events, financial trends and more. Some foresight and research could help identify the factors that could influence commercial real estate in the near and distant futures.