In recent years, the retail industry has taken some hits. In response, real estate development here in California and elsewhere has needed to change in order to move forward. Now, in light of current events, this becomes even more important. Could focusing on pad...
Year: 2020
Current events will affect real estate development for years
Many things have changed quickly in recent months. Current events continue to affect nearly every aspect of life, including real estate development here in California and elsewhere. A survey conducted biannually paints a grim picture of just how long the industry will...
Common sources of commercial lease disputes
Anytime two parties enter into a contract, there is a potential for a dispute to arise. Understanding that may inspire parties subject to a commercial lease to ensure that the document’s provisions protect their rights and interests to the greatest extent possible....
Taking a step forward: letter of intent in a commercial lease
Crafting a commercial lease relevant to a large-scale transaction is hardly a casual and one-step process. The central parties on both sides of the equation must raise and come to terms on multiple and widely varied issues. To wit: Prospective landlords and tenants...
Fulfilling your dream of owning a pharmacy
Millions of Americans take prescription drugs to manage medical conditions. In many cases, these medications alleviate pain, control symptoms and generally allow patients to live normal lives that may not have been possible without the drugs. This is one reason why...
Resolving real estate disputes through negotiation is not backing down
If they work in the real estate industry for any length of time, developers, construction companies, property managers and others will likely face legal disputes. The competitive nature of highly successful real estate professionals may cause them to pursue litigation...
Look for these terms in your commercial lease
Smart business owners know how important it is to be prepared. Despite this, many sign commercial lease agreements without checking for certain terms and information, or negotiating when necessary. Noncompete clauses, dispute resolutions and spatial specifications are...
Approaching commercial real estate during a recession
Recessions can be frightening, especially for those who are heavily invested in commercial real estate. With some California consumers having less to spend, investors might be worried about what the future holds. Looking at how commercial real estate has fared during...
Buying a shopping center? Here are 3 things to consider
When you received an inheritance from your parents, you decided that you wanted to invest. That's a great option, and it can work well for you in the world of real estate. However, you do need to be cautious about how you invest.You're interested in buying a shopping...
Negotiating the terms of your commercial lease
Opening a new business or moving an existing one to a new location is a significant undertaking. Even for the most focused and attentive California business owner, it is surprisingly easy to look over small but important details in this process. This is why it is...