How Much Office Space Do I Need in 2019?

When working with an office tenant, one of the first questions we ask is, “How much space do you need?”  Surprisingly, many times a client isn’t sure, or has unrealistic expectations of their size requirements.  In the past, office buildings were built to accommodate approximately 3 or 4 people per 1,000 square feet of rentable space.  With rent being one of the highest expenses for a company, many organizations have looked to place more people in the same square footage.  Why is this not always feasible? Well there are a few reasons:

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Top 10 Mistakes First Time Real Estate Investors Make

I’m often asked “as a first time investor, what should I be doing”? I believe a better question is “as a first time investor, what can I learn from other investors based on the mistakes they’ve made”?  Keeping this in mind, I put together a list of the top 10 mistakes first time real estate investors usually make, to help others that are in same boat.

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West LA Real Estate Market Update

Today we have the market update for West Los Angeles, for commercial office buildings.
Fundamentals remain strong as this area continues to gentrify and advance. The vacancy rate remains slightly higher than nearby affluent areas but asking rents have gone up as well showing increased confidence in the area.

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