Property Management Tips for Commercial Real Estate Owners
The following is a list for commercial real estate property owners to help safeguard their commercial rental property investments.
Security Deposits Required in A Low Vacancy Market
Security deposits for a commercial or industrial real estate building are normally required upon the signing of a lease. There is no magic on the amount of the security deposit; however, it has to do with multiples of the rent generally. For instance, if the rent is $10,000 per month, the security deposit may also … Read More
How to Find a Qualified Expert Witness
Most attorneys ask colleagues for commercial real estate expert referrals that they may have used in the past; however, the expert referral may not be the right one for the current case. It is recommended that an attorney utilize a combination of ways to search out an expert. An attorney can narrow down a search … Read More
An Overpriced Market May Lead to Litigation
It appears the Los Angeles commercial real estate market has reached a plateau of price increases in the industrial and commercial sectors. Property investors seem to be reluctant to pay higher prices for buildings. The vacancy level in the Southern California market is approaching 2% in industrial space. In addition, office space vacancies are in … Read More
Environmental Advice to Buyers and Tenants
Commercial real estate buyers should be aware of potential environmental contamination before they purchase an industrial building. Environmental contamination may exist in an industrial or commercial building without the knowledge of the owners or tenants. The signs of contamination are difficult to see with the naked eye; as a result, a potential buyer of a … Read More
Title Reports Should be Obtained Every Few Years
An owner of commercial real estate usually obtains a title report when he or she is purchasing a property or refinancing it. However, an owner should be aware that an easement or lien may have been placed on the property without his or her knowledge in the absence of obtaining a title report. A lien … Read More
Price Gouging on Gas From California Oil Companies is Causing Your Commercial Lease to Increase
Many commercial real estate leases today have an annual increase in rent. These rent increases are based upon either a flat rate or based upon the consumer price index increases or a combination of both. Fuel is a major component of the consumer price index as well as other market goods and services purchased by … Read More
2016 Lease Provisions
Since there has been a significant shift from traditional office space to “creative” office space, there are few modifications that must be inserted within the lease to accommodate this new trend. The following provisions should be considered: HVAC Systems-many creative users think of their space as a second home, therefore, the HVAC systems must be … Read More
The Pros and Cons of Commercial Real Estate Investing Through Crowdfunding
Technology today allows one to stay home and never leave. We can work from home, pay bills, purchase groceries, clothes, cars, homes and even commercial real estate now with our cell phones without leaving the confines of our comfortable house or car. Online crowdfunding, such as RealtyMogul.com allows investors to invest in commercial real estate … Read More
Why Would You Lease to A Marijuana Grower?
Industrial real estate owners will be liable and could be prosecuted for leasing to merchants growing and selling pot on their property even if California voters pass a law to legalize the drug in 2016. Landlords may lose their property in a federal civil asset forfeiture action. The federal government can seize property being used … Read More
