Finding the right retail space here in Orange County can take a long time. Once a commercial tenant finds it, a lease is signed for a specified period of time after negotiating its terms. One of those terms may have been the option to renew. Some commercial tenants...
Landlord / Tenant
The cost of tenant improvements could break a landlord
The cost of everything continues to rise. Most people who live in California are well aware of this fact as the cost of everything from groceries to real estate keeps going up. When it comes to owning commercial rental property, a landlord may struggle with the rising...
Evicting a commercial tenant is not an easy or fast process
Sometimes, business relationships do not work out as intended. The lease arrangement between a commercial tenant and landlord could degrade to the point where eviction becomes an option. However, a California property owner cannot simply tell a renter to leave. A...
Negotiating construction as a commercial tenant
One of your criteria for a rental space here in Orange County may be that you can customize the space to fit your needs. More than likely, this will require some construction, and how this is addressed in your lease makes a difference. As a prospective commercial...
Is a commercial tenant looking for a turnkey rental?
Property owners here in Orange County and elsewhere who intend to rent out space in their buildings may think that leaving the space open for improvements would be the best option. While that may work for certain industries, when it comes to office space, that is not...
A landlord may need to give something to entice a tenant
Even when rental properties are at a premium in a certain locale such as Orange County, a prospective tenant may be willing to go elsewhere in order to find the right property with the right lease terms. This could be because a landlord failed to offer the...
Is a NNN lease really in the best interest of a landlord?
When it comes to renting commercial property, owners have numerous lease options. When determining the best option, an Orange County landlord might consider a NNN lease, also called a triple-net lease. However, some analysis is in order to make sure it turns out to be...
Can a commercial tenant negotiate a personal guarantee?
Plenty of rental property owners here in California have ended up not receiving the monies promised in leases. In fact, some landlords end up discovering that a tenant broke the lease and moved out in the middle of night. For these reasons, many of them now require...
Attracting a commercial tenant means more office amenities
It is possible retail property owners here in California and elsewhere are already used to providing more for their prospective renters these days. Now, it appears that those who own office buildings may need to step up their game as well in order to attract tenants....
What happens when a landlord breaches a lease agreement?
Not all rental relationships work out as intended. In a perfect world, each party will fulfill his or her obligations under the lease, but that does not always happen. When an Orange County commercial tenant believes that a landlord has breached the lease,...