Your lease is expiring soon and you have six months to renew or relocate. The most common mistake tenants make is to assume that the building’s management is going to give them the best deal. They think that by going direct, they are exhibiting good will and it will make a smoother renewal process.
Ask yourself one question: Who does the property management work for?
Read MoreWhether you own office, warehouse, industrial or retail properties, a Sale/Leaseback is an innovative option that can maximize your real estate investments by converting a long-term lease commitment into a valuable commodity. Leased investments are especially attractive to 1031 Buyers who will pay a premium for a stable long-term cash flow. That means top dollar for owners who sell their properties but remain as tenants.
Read MoreThe UCLA Economic Outlook Conference was held on June 12, 2014 and involved university academics and industry leaders speaking about trends that will have an impact on commercial real estate in Los Angeles, as well as around the country and the world. The following are a few of the topics that were discussed:
Read MoreHere at Commercial Brokers International (CBI), we have a mantra that our agents are constantly reminded of every day. It is ABC – “Always Be Closing.” However, this saying works only in theory. In reality, this is not always happening for two reasons. One, the process of selling real estate is a lengthy one, and includes qualifying, researching, etc. Two, agents are sometimes not doing enough to close more deals. The following are three main reasons, according to co-founder of Pono Asset Management, George Pino.
Read MoreThe Los Angeles tech scene has roared to life in an area dubbed “Silicon Beach,” an area that is home to over 500 tech startup companies. While these techies were once historically located in Santa Monica and Venice, they are now also rapidly expanding into other areas such as Playa Vista, Marina Del Rey, and even West Los Angeles.
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