Posts filtered by tags: Commercial Real Estate[x]


 

Allen Buchanan: A primer on operating expenses in commercial real estate

Generally, January is the time of year when your landlord will present you with an invoice for expenses – in addition to your base rent. This assumes, of course, that you lease your business’ home. However, if you own your business home, take heed, as you may be able to take a few more dollars from your left pocket and move them into your right pocket by asking your occupant to pay for some stuff. This column is designed as a primer for these expenses. Let’s define a couple of key terms – shall ...
Tags: Business, Real Estate, Sport, Soccer, Commercial Real Estate, Lee Associates Commercial Real Estate Services, Top Stories LADN, Top Stories OCR, Top Stories PE, Top Stories IVDB, Top Stories RDF, Top Stories Sun, Top Stories Breeze, Top Stories LBPT, Top Stories WDN, Top Stories SGVT


On-demand workspace platform Breather taps new CEO

Breather’s new CEO Bryan Murphy / Breather Press Kit Breather, the platform that provides on-demand private workspace, announced today that it has appointed Bryan Murphy as its new CEO. Before joining Breather, Murphy was the founder and President of direct-to-consumer mattress startup, Tomorrow Sleep. Prior to Tomorrow Sleep, Murphy held posts as an advisor to investment firms and as an executive at eBay after the company acquired his previous company, WHI Solutions – an e-commerce plat...
Tags: Startups, TC, Ecommerce, Apps, Real Estate, Enterprise, Ebay, Finance, New York City, Future Of Work, Tech, Ceo, SaaS, Broadway, Venture Capital, Smith


CommonGrounds Raises $100M to Open More New Flexible Office Spaces

Billions of dollars have already flowed to the purveyors of shared workspaces, and the investment spigot isn’t turning off yet.CommonGrounds Workspace, a San Diego, CA-based company that operates flexible office spaces in California and Colorado today, announced Wednesday that it had raised $100 million in a Series A financing to expand its lineup to roughly 50 sites during the next two years.The company says the new money comes from three investors: CommonGrounds’s seed-stage backer, a local r...
Tags: Deals, Facebook, Real Estate, Microsoft, Developer, Colorado, California, Funding, Trends, Tech, Nike, Development, Cigna, Venture Capital, San Diego, WeWork


How to fill a commercial real estate vacancy — QUICKLY!

Had I authored this column at the beginning of 2017, the advice would have been much different: list, field offers, choose the best one, enter contract, close! Simple. However, with times a-changin’ this column provides a more intense process to ensure you choose the right professional and fill your vacant commercial real estate quickly. If you own commercial property, at some point you will suffer a vacancy. If you have the opportunity to “salvage” an occupancy, please do! It’s much cheaper to ...
Tags: Google, Business, Sport, Soccer, Mls, Commercial Real Estate, Anaheim, Lee Associates Commercial Real Estate Services, Top Stories LADN, Top Stories OCR, Top Stories PE, Top Stories IVDB, Top Stories RDF, Top Stories Sun, Top Stories Breeze, Top Stories LBPT


See how cities are connecting workers to builders as labor pool shrinks

A year ago, Jeromy Gaviola was struggling to find steady and meaningful work in San Francisco. Living in the working-class neighborhood of Hunters Point, he heard about a program that was training residents to build the Chase Center, the $1 billion, 18,000-seat arena in Mission Bay that will be the new home of the Golden State Warriors when it opens this fall. Gaviola, 33, applied to the program, was accepted and completed six weeks of training in early September. He then began working at the ar...
Tags: Business, Real Estate, Jobs, Colorado, Milwaukee, San Francisco, Sport, Soccer, Nba, Wisconsin, Miami, Denver, Golden State Warriors, Commercial Real Estate, Miami Dade County, Crespo


EquityMultiple Review: Leveling the Playing Field for Individual Investors

If you’re an accredited investor looking to diversify into commercial real estate, EquityMultiple let's you choose the deals you invest in. The post EquityMultiple Review: Leveling the Playing Field for Individual Investors appeared first on Bible Money Matters and was written by Kevin Mercadante. Copyright © Bible Money Matters - please visit biblemoneymatters.com for more great content.
Tags: Real Estate, Review, Crowdfunding, Marketing, Investing, Commercial Real Estate, Accredited Investors, Kevin Mercadante, EquityMultiple Review


Allen Buchanan: 5 things I learned in 2018

With the year of 2018 in the books and 2019 ahead, what follows are the commercial real estate lessons I learned last year. Watch the housing market Actually, this was a 2008 lesson which unfolded again this year. A downturn in housing metrics can portend a bit of doom in the commercial real estate market. So much of our local economy is tied to housing — loans, brokerage, sub-contracting, construction, legal, accounting, home improvement retail. All of these sectors hire people, lease or own ...
Tags: Elsa, Business, Real Estate, Sport, Soccer, Commercial Real Estate, Lee Associates Commercial Real Estate Services, Top Stories LADN, Top Stories OCR, Top Stories PE, Top Stories IVDB, Top Stories RDF, Top Stories Sun, Top Stories Breeze, Top Stories LBPT, Top Stories WDN


Commercial tenants: Beware of a landlord’s silence

Happy new year to all our readers.  I recently received a call from a business owner concerning his right to extend a five-year option on a lease for his dental practice. At issue was a missed option exercise date to notify the landlord of his interest to extend the lease. The tenant had told me he had two months remaining on the lease and was not aware the option date had required specific advance notice of 180 days before the lease expiration date. I reviewed the lease provisions which contain...
Tags: Business, Real Estate, Sport, Soccer, Commercial Real Estate, Dorn, Top Stories LADN, Top Stories OCR, Top Stories PE, Top Stories IVDB, Top Stories RDF, Top Stories Sun, Top Stories Breeze, Top Stories LBPT, Top Stories WDN, Top Stories SGVT


7 ways to ensure your building doesn’t sell or lease

My VERY best to you for a Happy Holiday Season! Merry Christmas and Happy 2019! As we forge our way into the final year of this decade, I wanted to share the ways in which you can derail any effort to sell or lease your commercial real estate. So, in no particular order, here it goes. Hire an un-cooperative professional Remember, that name on the sign advertising the listing for sale or lease is your front man. All inquiries are funneled through his phone or email. If he is tardy with follow-ups...
Tags: Business, Real Estate, Sport, Soccer, Commercial Real Estate, Allen, Lee Associates Commercial Real Estate Services, Top Stories LADN, Top Stories OCR, Top Stories PE, Top Stories IVDB, Top Stories RDF, Top Stories Sun, Top Stories Breeze, Top Stories LBPT, Top Stories WDN


5 factors that create a vacancy in commercial real estate

Southern California has experienced a nine-year run of great economic times which has created a shortage of commercial real estate. By most estimates, 99 of every 100 industrial buildings are occupied. As a result, rents and sales prices have sky-rocketed through a simple case of supply and demand. The tail end of 2018 has shown some signs of a cooling economy – which have been well documented in this space – a slowing housing market, rising costs of doing business, stock market gyrations, and p...
Tags: Business, Real Estate, California, Sport, Soccer, Commercial Real Estate, Lee Associates Commercial Real Estate Services, Top Stories LADN, Top Stories OCR, Top Stories PE, Top Stories IVDB, Top Stories RDF, Top Stories Sun, Top Stories Breeze, Top Stories LBPT, Top Stories WDN


Allen Buchanan: 5 year-end considerations for your commercial real estate

A column like this one would normally be reserved for a period closer to Auld Lang Syne. However, with the dawn of December and Black Friday behind us, we’ll soon blink our eyes and it will be 2019. So, let’s get a jump on those year-end issues, shall we? Here, in no particular order, are the five things I suggest you address during the final month of 2018. Budget for 2019 If you are a tenant, chances are the owner of your building has compiled a projection of operating costs for 2019. Things ...
Tags: Business, Real Estate, Advice, Sport, Soccer, Commercial Real Estate, Buchanan, Allen, Lee Associates Commercial Real Estate Services, Top Stories LADN, Top Stories OCR, Top Stories PE, Top Stories IVDB, Top Stories RDF, Top Stories Sun, Top Stories Breeze


Allen Buchanan: 3 BIGGEST issues confronting commercial real estate occupants/owners

As a commercial real estate professional, my travels take me to many cool businesses. You see, close to half of my practice is consumed advising owners of closely held manufacturing and distribution operations on their commercial real estate requirements. A typical week will include three to six meetings with entrepreneurs. Resulting from my outreach is a “pulse” of sorts on the issues facing these companies, the occupants of our commercial real estate. So, what are these business owners sharing...
Tags: Business, Real Estate, Sport, Soccer, Orange County, Commercial Real Estate, Lee Associates Commercial Real Estate Services, Top Stories LADN, Top Stories OCR, Top Stories PE, Top Stories IVDB, Top Stories RDF, Top Stories Sun, Top Stories Breeze, Top Stories LBPT, Top Stories WDN


How to unpack “Brady Bunch” duplication when businesses merge

Our week was highlighted by two meetings that were of particular interest, so I just had to share. Both operations with which we met had recently acquired a competitor. Akin to the TV sitcom “The Brady Bunch,” where two families melded into one, both companies now find themselves with the task of managing the excess or inefficient capacity. If you’ve watched reruns you’ll know that Marsha, Greg, Bobby, Cindy, Peter, Jan, Mike, Carol, and Alice ultimately co-habituate peacefully, although it took...
Tags: Business, Real Estate, Sport, Soccer, Alice, Commercial Real Estate, Brady, Allen, Studio City, Lee Associates Commercial Real Estate Services, Top Stories OCR, Marsha Greg Bobby Cindy Peter Jan Mike Carol


Commercial property owners: Is NOW the right time to move?

Should you be looking to move your business? Say, now? In a word, actually two: it depends. Today, I’ll recap a week of meetings, situations and the counsel we provided to businesses that believed a move was imminent. What’s prompted the need We met with a group last week that was pondering a two-year lease extension on their space. The company is well entrenched in the building, with 35 employees arriving each day to go to work. As their product is purchased off-shore and subject to a large tar...
Tags: Business, Real Estate, Sport, Soccer, Commercial Real Estate, Buchanan, Allen, Lee Associates Commercial Real Estate Services, Top Stories LADN, Top Stories OCR, Top Stories PE, Top Stories IVDB, Top Stories RDF, Top Stories Sun, Top Stories Breeze, Top Stories LBPT


Boeing lists Long Beach’s massive C-17 complex for sale

Boeing C-17 facility in Long Beach in September 2011. (File photo) A Boeing C-17 Globemaster III being assembled at the Boeing assembly facility in Long Beach on Tuesday, July 31, 2012. (File photo by Bill Alkofer, the Orange County Register/SCNG) Sound The gallery will resume in seconds This aerial view shows the Long Beach Airway complex once used to produce the C-17 Globemaster cargo planes. (Courtesy of NKF Capital Markets) Long Beach is working to have a new specific plan...
Tags: Business, Los Angeles, Sport, Soccer, Long Beach, City Council, Air Force, Boeing, Commercial Real Estate, Boeing Co, Hardy, Federal Aviation Administration FAA, The Orange County Register, Redlands, Huntington Beach CA, Long Beach Airport


Allen Buchanan: What I learned from this conference season

I just returned from a tsunami of travel. Traveling for business is rare for me – which is one of the reasons I chose this profession – as most of my clients are within a short car ride. October is the exception as this time of year is conference season. Most commercial real estate companies host their annual meetings in the fall and generally all of our professional organizations — SIOR, CCIM, ICSC, CORENet — follow suit. So after six flights, eight Uber rides, and dozens of “what market do you...
Tags: Business, Real Estate, Sport, Soccer, Commercial Real Estate, U S Canada, ICSC, Lee Associates Commercial Real Estate Services, Allen Buchanan, Allen C Buchanan, U K My network


How To Buy Commercial Real Estate: Important Tips First Timers Need To Remember

There’s no denying that purchasing commercial real estate in Canada is a massive investment for any entrepreneur. However, there are tons of benefits that you can enjoy in return. For one, it provides a fixed rate for your venture’s store or headquarters. You’ll be protected from rent increases, and you can also call the shots since you own the property. Tax breaks can also be available to you, making it more ideal for many to own a commercial real estate. If all of these benefits appeal to you...
Tags: Startups, Real Estate, Canada, Commercial Real Estate, Others


Is commercial real estate a good investment – Part 2

Last week we massaged the merits of investing in commercial real estate. Some of the scenarios: Why not, a liquidity event, a sale of the business that occupies, a mismatch of risk, a dispute, and finally aging owners. “You’ve achieved a nice portfolio over the years with timely purchases, well-timed trades up, and careful management of the occupancy, income and expenses. But you are tired! Akin to captaining a ketch – tiny tweaks and tightening take time and talent. In order to capture the wind...
Tags: Business, Real Estate, Advice, Sport, Soccer, El Nino, Jerry Brown, Commercial Real Estate, Uncle Sam, Lee Associates Commercial Real Estate Services, Top Stories LADN, Top Stories OCR, Top Stories PE, Top Stories IVDB, Top Stories RDF, Top Stories Sun


Is commercial real estate a good investment? Five reasons it’s NOT!

I’m often asked if commercial real estate is a good bet for investors. This is seemingly an easy answer: of course it is! However, the more difficult response — for which I will delve into today — is it depends. As we have covered, commercial real estate exists in many varieties — a suite of offices, a manufacturing plant, a distribution warehouse, a retail storefront or big box, finally a residential project of more than four units. Yes. That small apartment complex is considered commercial rea...
Tags: Business, Real Estate, California, Sport, Soccer, Commercial Real Estate, Buchanan, Allen, Lee Associates Commercial Real Estate Services, Top Stories LADN, Top Stories OCR, Top Stories PE, Top Stories IVDB, Top Stories RDF, Top Stories Sun, Top Stories Breeze


Allen Buchanan: Do asking prices matter?

As a seller of commercial real estate, you’ve typically got three goals: dispose of your property for the most possible dollars in the shortest period of time, with the fewest contingencies. Simple, right? Yes, very. However, the execution — AKA “the devil’s in the details” — is not so easy. Let’s start with the asking price – shall we? Some would advise the price at which you advertise your sale is irrelevant, especially in this robust market. After all, there are many more buyers than availabl...
Tags: Business, Real Estate, Sport, Soccer, Commercial Real Estate, Lee Associates Commercial Real Estate Services, Top Stories LADN, Top Stories OCR, Top Stories PE, Top Stories IVDB, Top Stories RDF, Top Stories Sun, Top Stories Breeze, Top Stories LBPT, Top Stories WDN, Top Stories SGVT


Meet the Real Estate Tech Founder: Lucas Rotter from Valcre

In our latest real estate tech entrepreneur interview, we’re speaking with Lucas Rotter from Valcre. Without further ado… What do you do? I am the CEO and Co-Founder of Valcre, a SaaS commercial real estate appraisal company. What problem does your product/service solve? Valcre provides an innovative appraisal software platform for the commercial real estate industry. The platform has three main components: An online database to access your job assignments, contacts, property, and comparable r...
Tags: Interviews, Australia, US, Radio, Canada, Lucas, Commercial Real Estate, Built World, Lucas Rotter, Valcre, Junto Institute


Lease doc: Contract ambiguities can work in a tenant’s favor

Recently, I reviewed a lease for a client that contained a provision requiring the tenant to restore their leased premises to its original condition, meaning the same condition as it was when leased to them. In another section of the lease, there was a provision requiring the tenant to leave all their improvements on the premises when the lease expired and they vacated the premises. There was no language in the lease that made it possible for the landlord to choose, at his option, whether or not...
Tags: Business, Real Estate, California, Sport, Soccer, Commercial Real Estate, Dorn, Todd Dorn, Lease Doctor


Supreme Court Ruling in Wayfair Case a Win for Real Estate and States

On June 21, the Supreme Court issued its holding on South Dakota v. Wayfair, Inc., reversing a long-standing rule on online sales tax collection in a decision that’s a win for real estate, brick-and-mortar retailers and the states. The case dealt with whether states can require out-of-state online retailers to charge and remit sales tax on purchases made by residents. Upending a long-held precedent, the Court ruled that the South Dakota law in question, which did just that, could stand, and that...
Tags: News, Supreme Court, Congress, Court, Radio, North Dakota, South Dakota, National, Kennedy, Commercial Real Estate, Latest News, Wayfair, Congressional, NAR, National Association of Realtors, Real Estate News


Allen Buchanan: Mergers & acquisitions, the Ebola virus of small business?

For the last two weeks, I have pondered trends permeating the commercial property landscape. We deep-dived into third-party logistics providers and discussed a move out of the state of California. Today’s topic will complete the trifecta of trends as we tackle the quest for business acquisitions. My theory — if it happens once, it’s an exception. Twice, it’s a trend. Three or more times, it’s an epidemic. Well, if my theory is true, the pace of mergers and acquisitions is the business equivalent...
Tags: Business, Real Estate, California, Cdc, Sport, Soccer, Eisenhower, Commercial Real Estate, Lee Associates Commercial Real Estate Services, Top Stories LADN, Top Stories OCR, Top Stories PE, Top Stories IVDB, Top Stories RDF, Top Stories Sun, Top Stories Breeze


Anthem Blue Cross is moving to a new space in Warner Center

Anthem, Blue Cross offices future site at 21215 Burbank Ave. in Woodland Hills on Tuesday, Aug. 7, 2018. (Photo by DeanMusgrove, Los Angeles Daily News/SCNG) Anthem Blue Cross, which has been a fixture in its building on Oxnard St. in Woodland Hills, is moving. But, it’s not going far away. The Indianapolis-based health insurance giant is moving to a new 169,000-square-foot office within the Warner Center. The company signed a long-term lease at a Warner Center complex comprised of two six-st...
Tags: Real Estate, News, Sport, Indianapolis, Soccer, Bill Gross, Westfield, Anthem, Local News, Malibu, Commercial Real Estate, Hgtv, Southern California, Anthem Blue Cross, Laguna Beach, Woodland Hills


Market Map, Part Two: 170+ Technology Companies Reshaping Commercial Real Estate

[Note from editor: Originally published on Thomvest’s Blog] We recently published a real estate market map, which includes hundreds of technology companies that are transforming how residential real estate is bought and sold. Today, we’re following that post up with a new market map focused on commercial real estate (the map is available in PDF format here). Broadly defined, commercial real estate (CRE) includes any property owned to produce income. In total, more than 100 billion square feet o...
Tags: Startups, Featured, Radio, United States, Airbnb, Kpmg, Commercial Real Estate, Alfred, CRE, Knotel, Dennis Frenchman, Built World, VTS BuildingEngines, Cadreand CrowdStreet, MIT Center for Real Estate


M&A News In The Commercial Real Estate Industry Sector

The report below gives a good overview of the third quarter M&A activity in the Commercial Real Estate Industry Sector. M&A activity for North American based target companies in the Commercial Real Estate sector for Q2 2018 included 57 closed deals, according to data published by industry data tracker FactSet. One of the notable middle market transactions was announced in June when industry leader CBRE Group, Inc., diversified its services by acquiring FacilitySource LLC from Warburg Pincus LLC ...
Tags: Business, US, United States, M&a, Mergers and Acquisitions, Cbre, Commercial Real Estate, COLUMBUS Ohio, CBRE Group Inc, FactSet, Peter Moore, Corporate Finance, Warburg Pincus LLC, Merger-and-aquisitions, M&A advisor, Commercial Real Estate Industry Sector


Allen Buchanan: Should your company leave California?

Last week, I framed three trends we are observing in commercial real estate: the use of 3PLs or third-party logistics providers, an exodus from the state of California, and a rash of mergers and acquisitions — not seen since the days of Gordon Gecko in the movie “Wall Street.” Promised was a dissection of each of these weighty trends. As 3PLs were discussed last week, I will devote some time today outlining various considerations for an out-of-state move. M&As are on deck and will be broken down...
Tags: Business, Florida, Real Estate, Texas, California, Oregon, Advice, Sport, Soccer, Toyota, Nevada, Orange County, Gordon Gecko, Rockies, Commercial Real Estate, Nashville Tenn


3 commercial real estate trends: First up, the 3PL

One of the coolest things about my profession is I rub shoulders with some VERY smart people — small business entrepreneurs, commercial real estate investors, brokers, and trusted advisers in the insurance, wealth advisory, tax, and banking professions. I believe the imperative is to listen, learn and spot trends. Lately, three trends have surfaced in my conversations: the business exodus from California, mergers and acquisitions, and the use of 3PLs or third-party logistics providers. As all th...
Tags: Amazon, Business, Real Estate, California, Uncategorized, Los Angeles, Sport, Soccer, Starbucks, Orange, Commercial Real Estate, Irvine, Fontana, Lee Associates Commercial Real Estate Services, Allen C Buchanan, Jared Torrance Homeownership


Chipotle HQ to move ‘temporarily’ to Fashion Island, spokeswoman says

Chipotle Mexican Grill, the fast-food chain best known for its burritos and bowls, will “temporarily” relocate its headquarters to Fashion Island, a company spokeswoman told the Orange County Register on Monday, July 16. The new headquarters will occupy a “two-story space in Fashion Island until we determine a more permanent location,” Laurie Schalow, Chipotle’s chief communications officer, said in an email. A listing for the new space said the lease expires at the end of September 2020. Bria...
Tags: Business, Real Estate, New York, Colorado, California, Virginia, Restaurants, New York City, Sport, Ap, Chicago, Soccer, West Coast, Orange County, Chipotle, Columbus