Legal advice & case studies.

On November 3, 2020 the most significant Proposition to happen since Proposition 13 was enacted in 1976 is up for the vote. This Proposition 15 will reassess your property to current market value and not the value of the property when you purchased it under Proposition 13. A great example of this illustration is that … Read More

Seasoned agents in the commercial real estate brokerage community are now discovering what the residential real estate community has been experiencing for a decade; how to cope in a market with a shortage of warehouse properties available for sale or lease?In some communities in Southern California inventory of vacant warehouse properties is almost nonexistent. No … Read More

As a commercial real estate broker your due diligence holds a great deal of responsibility when leasing a building to a prospective tenant. The first item is to determine what type of lease is to be used. A widely accepted lease is the AIR CRE form which has been utilized for decades and revised annually. … Read More

El Segundo, CA – October 25, 2019 – Segal Commercial Properties, Inc. has closed a six-acre research & development sales transaction in El Segundo with Smoky Hollow Industries, LLC and LIMO Company, LP. The Research & Development campus called Standard Works is located at 1301-1475 E. El Segundo Blvd. in the Smoky Hollow District. The … Read More

Commercial real estate commissions are negotiable between the agent and the principal. Commercial Real Estate negotiations have many aspects that need to be explored by both parties prior to the agreement of a contract. Important Issues that Should be Discussed and Investigated by the Owner in a Lease or Sale Negotiation: Market Conditions Custom and … Read More

The National Basketball Association (NBA) Clippers Owner Steve Ballmer is getting into the commercial real estate development business in Inglewood.  The multi-billionaire is planning to build a new basketball arena called the Inglewood Basketball and Entertainment Center. List of What the Clippers Owner Plans to Develop for $1.1 Billion: State-of-the-art competition 18,500 seat venue and … Read More

The tenant must perform his or her due diligence inspecting the premises in order to avoid expensive pitfalls that may occur prior to signing a lease for a commercial property.  The lessee should not delegate the due diligence to the agent/broker but take command to investigate the condition of the premises for its use themselves. … Read More

As we all know interest rates are low!   Commercial real estate loan rates have been on an average of 5% to 7% depending what the buyer is financing.  Now they are in the 3% range. Whether you are a seller, owner or buyer this may be the opportunity of a lifetime!  Never before in my … Read More

The Tariffs war between the United States and China are already affecting the commercial real estate industry, and it could potentially cause vacancy rates to increase and drag leasing and sales prices down; in addition, dragging the economy down with it. President Donald Trump increased Tariffs from 10% to 25% on $200 billion of Chinese … Read More

The Standard of Care for agents in a transaction is difficult to measure since each agent has a different background and experience in real estate.  Standard of Care is what the client’s reasonable expectation is of the agent’s service in a transaction. What we find in a dispute is whether an agent’s actions are reasonable … Read More