For Commercial Properties (Industrial, shopping centers) Commercial leasing in a shopping center or an industrial center needs serious security and maintenance measures in order to be successful. A shopping center that has graffiti and bars on the windows is a major distraction for successful leasing. On the other hand, an industrial building that has high … Read More
April of 2021, the Biden administration has introduced several tax laws that can dramatically impact the real estate business. The reason behind these tax changes is to make up for the devasting effects of the pandemic. The money is needed to fund the “American Jobs Plan” and infrastructure. These trillions of dollars have to be … Read More
Are you a lawyer involved with a complex real estate litigation case? If yes, you’re in the right place. Let’s presume your adversary in the case is a party in a real estate transaction such as a: broker, agent, individual, partner, or property manager. The adversary files a complaint against your client, but you need … Read More
Subleasing is always a risky situation but during a pandemic, the new tenant and the existing tenant must be even more careful. Listed below are good tips on the way the parties may protect themselves: Make sure the Subtenant pays its rent directly to the landlord. The new tenant should not count on the Sublessor … Read More
Lawyers have a duty to advise their clients of pending changes in the law. Of course, not every tenant (client) is currently doing business with their trusted lawyer. Therefore, a smart lawyer should probably send out a notice to past and present clients of a proposed tax change that may have dire effects on the … Read More
Proposition 15 on the voter ballot this November 3, “The California Schools and Local Communities Funding Act of 2020” is a proposition to increase taxes to current property values only on commercial and industrial properties. This will undo a major component of the landmark 1978 Proposition 13 if it passes by creating a split tax … Read More
Proposition 15, if enacted, will raise taxes on all commercial properties. This proposed increase in taxes should have adverse effects on property owners and its tenants. Several businesses have been closed due to the international pandemic. How can the government raise taxes on properties when those properties are closed by the law. Rents are still … Read More
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
Segal Commercial
2221 Barry Ave., Suite 200
Los Angeles, CA 90064
