When searching for your ideal workspace, it's practically impossible to find exactly what you want in ready-to-move-in condition. Most spaces will require some type of office buildout. Sometimes it may be nothing more than some new carpet and paint. Other times it may involve knocking down some walls, building new walls, or other major renovations. [...]
A tenant improvement is a fixed improvement to customize a tenant's space to their specific tastes and needs. A "green" tenant improvement project can offer improved energy efficiency, increased employee productivity, optimal comfort, and fewer health risks. It also lessens the broader environmental impact of conventional construction and building operations. These processes typically eat up [...]
A company's work space is a valuable commodity. It's an integral part of how a company does business. It needs to be functional for efficient operations. It needs to fit the culture your company is looking to cultivate. The brand you're building. Moving into a space that requires customization is a natural part of any [...]
Disclaimer: H.W. Holmes, Inc. curates this monthly summary of Los Angeles commercial construction news covering Los Angeles, Ventura, and Santa Barbara counties. We have no association with any of these developments unless specifically stated. CULVER CITY BECOMING DESTINATION FOR NEW OFFICE BUILDINGS Los Angeles County's Culver City is attracting quite a few new offices and [...]
People understandably focus on basic numbers during tenant improvement negotiations. They're looking at the rental amount per square foot, the size of the space, and the amount of the TI allowance. However, other smaller often-overlooked details can actually have greater financial implications. Many times these seemingly small details can outstrip whatever dollar or two you [...]
The repurposing of the old Capitol Milling Company buildings in L.A.'s Chinatown has many people asking about adaptive reuse in Los Angeles commercial development. The pending transformation of a former mill site to the home of creative offices and trendy retail shops and restaurants is exciting but not anything new. Similar projects are happening throughout [...]
Besides your rent, tenant improvement costs are typically the second most expensive part of any lease. Tenant improvement allowances can sometimes equal 6 to 12 months of rent or even more. What you can do with one dollar in one building or location might not be possible in another. If you want to make out [...]
In most office lease agreements, landlord consent is required for tenant transfers such as subleasing or assignments. There are a few exceptions where it might not be. One is "Permitted Transfers." This is where a tenant can sell their business, bring on another business partner, or sublease the space to an affiliated entity without landlord [...]
Disclaimer: H.W. Holmes, Inc. curates this monthly summary of commercial construction and development news in and around Los Angeles, Ventura, and Santa Barbara, CA. We have no association with any of these developments unless specifically stated. Sunset Strip House of Blues Demolished After 21 years of business, the Sunset Strip's House of Blues hosted its [...]
When it comes to retail design and construction, it's important to stay ahead of the latest fashions - not unlike the merchandise or products you sell. The right design is integral to how customers interact with your store. A store's physical design can do anything from enticing people to enter it to how much time [...]
