With all the interest in arresting the negative effects of climate change, it may not surprise California residents that government agencies and advocacy groups are attempting to institute new laws, rules and regulations that would affect new construction to make it...
Year: 2020
Shopping centers and co-leasing clauses in commercial leases
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...
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...
Co-leasing clause worth considering for commercial lease
Many California shopping centers rely on the draw of their anchor tenants. As a result, many smaller businesses in shopping malls or centers may also rely on those tenants to obtain business due to the foot traffic generated by the bigger stores. Unfortunately,...
Obtaining an estimate versus a bid for a construction development
Whether looking to build on or renovate a piece of Orange County property, it will most likely be necessary to hire a construction contractor. Depending on the size of the planned development, property owners and investors will want either an estimate or a bid for the...
Getting your CC&R ducks in line
If you are a shopping center developer here in Orange County, one tool at your disposal for regulating usage of your available space are covenants, conditions and restrictions clauses, known collectively as "CC&Rs."CC&Rs can also dictate how a business can...
Finding rental space isn’t always easy for a commercial tenant
Some would argue that this may not be the best time for a business to look for rental space anywhere in Orange County or elsewhere. However, with companies attempting to get back on their feet, it may be necessary for a potential commercial tenant to begin looking for...