Goodkin & Lynch, LLP

TF 800-628-2898

PH 310-853-5730

commercial leases Archives

Purchasing properties with commercial leases offers benefits

Investors who are active in residential real estate in Los Angeles may want to dip their feet into the commercial property world. After all, purchasing properties offering commercial leases has some special perks. Here is a glimpse at why going commercial might be a smart idea.

More buildings with commercial leases may be going vertical

The nonresidential property industry in Los Angeles and other parts of California continues to thrive, especially in the area of industrial buildings. The reason for this is that more companies need buildings that can be used for fulfillment and distribution activities related to electronic commerce. However, a new trend in the industry is that more buildings featuring commercial leases will end up being vertical rather than horizontal.

Older spaces used for commercial leases may present challenges

Investors in Los Angeles and other parts of the United States might understandably be interested in purchasing older properties. The reason for this is that some tenants may view older properties featuring commercial leases as being more authentic and having more architectural character. The main obstacle that investors face with these types of properties, though, is that updating them from a technology standpoint can be difficult.

Proptech to impact properties featuring commercial leases

Technology has transformed nearly all aspects of people's lives, and real estate in Los Angeles and other parts of California is no exception. Specifically, those who own properties featuring commercial leases will no doubt be impacted by proptech companies -- companies that produce technology related to properties -- in the years ahead. Here is a look at what proptech companies are doing and how this will impact real estate in 2018 and beyond.

LA commercial leases being renewed nearly 2 years ahead of time

The market for nonresidential properties appears to be relatively robust in Southern California. This is evidenced by the fact that the renters of large office spaces in Orange County and Los Angeles are jumping on their lease renewals early. Research shows that office tenants that are occupying at least 75,000 square feet of properties featuring commercial leases are renewing their leases 22 months ahead of time on average.

Los Angeles retail properties with commercial leases promising

The California e-commerce industry has apparently been on an upswing in the Los Angeles area. However, it is clear from the area's retail vacancies that brick-and-mortar shops are still strong contenders. This is great news for those interested in purchasing buildings featuring commercial leases for retail business owners.

Investing in commercial leases is unlike residential investing

When people in Los Angeles think about real estate investing, they often lump residential property investing with investing in non-residential properties. However, the two are quite different. Here is a look at the difference between investing in a single-family residence, or SFR, and a property featuring commercial leases.

Properties featuring commercial leases see price gains

The growth of the prices of nonresidential properties in the United States, including Los Angeles and other parts of California, appears to have cooled off during the summer. However, some sectors of the commercial real estate market continue to experience quick sales price gains in spite of already being at record price levels. This may be welcome news for those interested in selling properties featuring commercial leases.

Commercial leases will soon be available at Anthem's tower

Anthem Inc. is planning to depart from its Los Angeles Warner Center offices in 2019 for a new space nearby. That means a large building will soon be available for lease. In fact, it will be among the largest empty buildings featuring commercial leases in the City of Angels.

Market for properties featuring commercial leases remains strong

The economy is currently growing and is continuing to stabilize. As a result, those who buy properties featuring commercial leases are expected to fare well. Sellers of commercial real estate in Los Angeles and elsewhere should likewise thrive in the current commercial real estate market.

ABA | American Bar Association | Defending Liberty Pursuing Justice ASCDC | Association of southern california defense counsel LACABA | Los Angeles County Bar Association | Organised 1878 | Incorporated In California 1953 PABA | Philippine American Bar Association Super Lawyers(R)