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Commercial Real Estate Archives

Could new ways to shop retail put malls out of business?

Many California residents believe that online shopping is the best thing since sliced bread. No more battling traffic and crowds in order to shop, and the goods are delivered right to the front door. While this immensely popular way to shop retail is good for consumers, could it mean the end of malls?

When the loss of an anchor tenant strains business

At the end of the year, we wrote a post about how leasing space in shopping centers is all about anchor tenants (when it comes to altering the typical landlord-tenant power dynamic). If you are an anchor tenant, this changes how you approach commercial lease negotiations. In short, being an anchor tenant means that you generally have more power and flexibility in negotiating the terms of your lease, because the anchor tenant usually drives significant, consistent business to the shopping center, making the landlord keen on signing a lease.

Be wary of these mistakes when negotiating a commercial lease

Opening a business here in Orange County can be an exciting prospect. While contemplating the prospect of opening the doors, building a customer base and enjoying some success, an entrepreneur has many tasks to complete. One of them may be negotiating and signing a commercial lease.

Leasing space in shopping centers is all about anchor tenants

As a large retail corporation, you know that developers may court you to lease space on their properties. You know that for them, leasing space in shopping centers is all about anchor tenants, of which you are one. This puts you in a unique position when it comes to negotiating commercial leases for retail space here in Orange County.

What goes into the monthy payment for your retail space?

Starting a new business here in Orange County, or anywhere in the state, requires you to look at numerous financial considerations. One of the monetary issues that you need to include in your planning involves the amount of rent you will pay for your retail space. This number ultimately involves more than just a price per square foot.

The success of your franchise could hinge on a commercial lease

More than likely, one of the reasons that you chose to purchase a franchise was because much of the legwork needed to make your new business a success was already done. Even so, it will be up to you to make your particular franchise here in California a success. One of the crucial details that may not get enough attention is the negotiation and terms of the commercial lease for the location.

Finding tenants for shopping centers can be a challenge

When you signed up to be part of a project, you more than likely had high hopes for its success. Then, in what may be best described as an uncertain economy here in California, you discover that finding tenants for your project is a challenge. Attracting tenants for shopping centers may require sweetening the pot with some additional benefits and amenities that may be attractive to them.

What provisions should you include in a commercial lease?

After constructing a new shopping center here in California, you may already have tenants lined up to occupy the space. As you work toward the official opening of the property, you will more than likely need to negotiate a commercial lease with each tenant. Even though there may be certain items specific to each tenant, each lease may need to include some standard provisions.

Affordable housing bills face $10 billion annual problem

Residential real estate developers throughout California have been anticipating some new affordable housing bills for a while now, as Governor Jerry Brown continues his push to alleviate the ever-expanding affordable housing crisis here in the Golden State. However, now that several bills have floated around the legislature for a while, it is becoming clear that any sort of real solution may still be quite a long way off.