Despite some mid-year projections that office construction would slow in 2019 due to increasing construction costs, current real estate cycle uncertainty and zoning issues, Los Angeles area office construction projects continue to rise as part of a commercial construction boom not seen in LA since the roaring twenties. In this blog post, we'll take a [...]
Customizing a space you'd like to rent or lease to better suit your needs is called a tenant improvement. To defray the cost of this customization or buildout, a landlord will often offer a tenant improvement allowance. This is a sum of money, sometimes referred to as a TI allowance or a TIA, that's put [...]
The size of the average law firm office has shrunk in overall square footage over the course of the last five years. While many associate this with the emergence of younger smaller firms, there are other factors playing into this. In this blog post, Los Angeles office construction contractors H.W. Holmes, Inc. look at a [...]
The following is Los Angeles area commercial construction news for October 2019 It is for informational purposes only H.W. Holmes, Inc. is NOT AFFILIATED with any of these projects WORK TO FINALLY BEGIN ON WEST EDGE - FORMERLY MARTIN EXPO TOWN CENTER After many delays, work is set to begin in November on [...]
2019 has seen a continuation of tech and media tenants grabbing up available office space in and around Los Angeles. According to commercial brokerage Savills, leasing activity in the second quarter of 2019 reached 5.3 million square feet - a three-year high. Leading this leasing frenzy are companies like Netflix, Amazon, Apple, Facebook, and Google. [...]
Many offices, retail buildings, or restaurants consist of nothing more than four walls and a door when a prospective tenant first walks through. A tenant build-out is where this raw space is finished to meet that tenant's specific needs. But build-outs bring on an array of questions. What type of improvements will be needed? Who [...]
If you're a tenant about to sign a lease term of at least five years, the landlord will likely give you a tenant improvement allowance amount (TIA amount). This TIA from the landlord is generally quoted as a dollar amount per square foot. It should ideally cover most, if not all, of the costs associated [...]
The companies succeeding today aren't the ones still saying "that's how we've always done it." They take chances. Branding to them isn't just a cool logo or amazing website. They know that strategic branding extends to the workplace and office environment. Office design is the foundation your company's culture is built on. It's where workers [...]
The Los Angeles area is currently a magnetic hub for thriving companies. Most companies, whether they're a startup or a well-established entity, want much of the same thing from an office space. They want a space that reflects their brand and company culture. They want to impress clients. They want to keep their workers upbeat, [...]
There's more to a successful retail store than the cha-ching of a cash register. In this blog post, H.W. Holmes, Inc. - a commercial construction company specializing in retail buildout and remodels in the Los Angeles area - look at a few ways retail stores can update their feel, enhance the experience of their customer, [...]
