At CBI, our Client’s Best Interests are always our top priority. With our extensive marketing and financial plans, we’ve successfully helped clients achieve both their short-term and long-term goals.
By Richard Cheng
The retail market in Los Angeles is made up of many shopping destinations such as malls, lifestyle centers, and strip centers that total 192 million sq feet. During 2017, lifestyle centers gained popularity because of their open-air design and layout, which included hip and trendy restaurants, smaller sized retailers, apartments, offices, and entertainment options.
by Joe Killinger
A small-box retailer operates their business very much the same as their larger counter parts but utilizes less square footage. This means that they don’t need as much space for their products and therefore have a lower rent and fewer staff to deal with which equals a lot less overhead.
by George Pino
I receive calls like this almost every week…. “Hello, my lease is expiring and I need a new office space” or “Hi, we’re moving our company to Los Angeles and we need new office space.”
Inevitably, when I inquire about their timing they say they’re in need of a new space in one or two months. Although that time frame is possible it brings difficulties. A big misunderstanding among first-time commercial lessees, as well as many experienced lessees is that a commercial space can be found, negotiated, and leased within a couple of weeks.
Gone are the days of sitting for hours behind a line of desks and in compartmentalized cubicles in front of bulky computers.
Workers want more natural light, interaction and collaboration with colleagues, to have the ability to work outside and have access to other amenities in or around the office building, panelists said at Bisnow's Los Angeles Office: Workplace of the Future event Wednesday at the Convene coworking space at the Wells Fargo Center in downtown Los Angeles.
In the battle of West Coast versus East Coast, one might say the former just added another notch under its belt.
The price for a one-bedroom in Santa Ana, located in Orange County, climbed 3.4 percent, knocking Miami off the list of the top 10 most expensive places to rent, according to a new report from Zumper.
A slimmed down The Children’s Place blew past analysts’ estimates in its second quarter amid increased traffic at its mall stores.
The Children’s Place has shrunk its portfolio in recent years. In 2013, it announced a “fleet optimization” initiative to shutter 300 stores by 2020. Since then, the retailer has closed 191 stores.
Net income totaled $7.5 million, or 45 cents a share, in the quarter ended Aug. 4, down from $14.3 million, or 79 cents a share, in the year-end period. Higher interest payments and a much higher provision for taxes affected earnings. Adjusted per-share earnings came to 70 cents, ahead of analysts’ estimates of 59 cents.
