There are many reasons why someone would buy an investment property. Some of these reasons are for long-term capital growth, positive cash flow, or adding value. In this article, we will briefly discuss all three, and how to quickly analyze a property with potential to see if it is worth spending more time and energy on.
Read MoreAs public art on the side of commercial buildings gains popularity, it is presenting a winning solution for cities, landlords and residents alike by engaging the local community, dressing up what might be an otherwise boring wall and helping to advertise the properties themselves.
Some property owners have found value in creating art on the walls of commercial buildings even when it does not lead to a direct monetary gain. Sources told Bisnow that buildings become known for the murals themselves, drawing foot traffic and ultimately, customers. They serve as a form of advertisement, with some business owners using murals as a way to work around tight sign ordinances. Contributing to the arts also allows for a sense of place in growing areas, developers say.
Read MoreBlending digital insights with a physical storefront experience, Nike has unveiled a new type of retail store in Los Angeles that will use customer data to determine inventory and personalize services.
The 4,557 SF Nike by Melrose at 8552 Melrose Ave. in West Los Angeles is Nike's first Nike Live concept store that the multibillion-dollar sneaker company will soon introduce to major markets worldwide.
Read MoreIn June, San Franciscans took to the polls to vote in statewide primary elections and on a number of new initiatives. Among them were two propositions with potentially far-reaching impact on the city’s commercial real estate. Both measures stood to increase taxes on commercial buildings in the city, already one of the world’s most expensive office markets.
Read MoreSTOCKTON, CA—Newport Beach, CA-based CT purchased the 345-acre industrial site for the 4.4 million-square-foot NorCal Logistics Center in May 2017 and has now completed the first phase development, including three spec buildings. The last to be completed is a 1.12 million-square-foot building, one of the single-largest speculative industrial buildings in Northern California. The second phase of development will begin toward the end of 2018 and include three additional buildings totaling approximately 1.6 million square feet.
Read MoreFitness tenants are driving retail leasing activity in Southern California. According to a new report from CBRE that looked at retail leasing activity, fitness tenants are among the top five retail users in Southern California, and they are expanding. This is a stark change from the activity from this retail segment in the past, when fitness centers were not considered a primary tenant. Today, fitness centers are occupying big boxes as well as smaller footprints and in some cases can even serve as anchors in shopping centers
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