Retail owners operating in the same Orange County location often have a symbiotic relationship. The success of one or two stores, usually the larger anchor tenants, will usually affect the success of the smaller ones, and the smaller stores may drive more traffic into...
Month: June 2020
Missing the fine print in a commercial lease could be costly
Orange County retail business owners may be anxious to get into the rental space they have chosen before someone else snaps it up. Premium locations can be a challenge to find, so getting through the commercial lease process quickly is often a goal. However, that...
2 things every development needs: Utiilities and access
Finding a new plot of land on which to build a new project can be a challenge here in California. As cities continue to grow, developers look for new places that will suit their ideas and support a new development. Before settling on a place to build, it would be...
Is it time to cut ties with a franchisee?
If you are the owner of a franchise, one disagreeable task that may become necessary is the removal of a franchisee. This may have been in the pipeline for a long time due to underperformance or other issues. Alternatively, it could have arisen out of the blue due to...
Review collection terms in development construction contracts
When beginning a new project here in Orange County or elsewhere, it will usually be necessary to enter into an agreement with a company to handle the renovation or build. Construction contracts can be long with a substantial amount of provisions and fine print. Two...