Both landlords and tenants want to get the most from their TI allowance spend. Smart building features are one way to do that. The landlord gets an energy efficient building with lower utility costs and added value. The tenant gets a modern space with the high-speed Internet and lighting and temperature control amenities millennial job [...]
The good news is business is booming. The bad news is this accelerated growth has you running out of space. Is it better to expand your current location with commercial tenant improvements or pick up and move to a larger space? Here we weigh the benefits of each. Benefits of Commercial Tenant Improvements 1. IMPROVEMENTS [...]
This month we look at the opening of PizzaRev's 41st location in Thousand Oaks, planned commercial development at the 26-acre LA Time's printing plant near the Arts District, and spotlight Ventura County office suites at Moorpark's Condor Corporate Center. 41st Pizza Rev Opens in Thousand Oaks, CA Thousand Oaks is the latest California neighborhood to [...]
The upswing in Los Angeles commercial construction and development is especially noticeable in the once-industrial and gritty LA Arts District where yet another new mixed-use development is planned. 676 South Mateo St - Google Maps The Los Angeles' Arts District continues to be a hotbed for proposed development and Los Angeles commercial construction projects. [...]
70% of expiring office space leases are renewed. Renewing an office space lease seemingly makes life easy for both the tenant and landlord. However, this doesn't mean renewal is without complications. Be sure to utilize these four tips when an office space lease renewal is nearing. Compare Costs & Risks of Staying vs. Leaving If [...]
Having trouble understanding commercial real estate interior improvements? You're not alone. A lot of factors impact how much you'll get from a landlord and the best way to move forward. Here are 5 things to know about tenant improvement allowances. Interior improvements for commercial real estate properties can be complicated. Especially office tenant improvements. Many [...]
John Scatoloni of Encon Commercial Real Estate service recently recommended the 80-20 Rule for Tenant Improvements. Learn how this approach can help you avoid costly buildouts and the TI allowance traps far too common in office space leases. Tenant improvement allowance is an often overlooked part of leasing an office space. If a build-out is [...]
As a service to our website visitors, H.W. Holmes, Inc. will be curating a monthly breakdown of Ventura, Santa Barbara, & Los Angeles commercial real estate and construction news. Rexford Industrial Acquires Five-Building Industrial Complex in Orange County Rexford Industrial recently announced the acquisition of a 5-property industrial complex in Orange County for $40.1 million. [...]
Successful restaurants have two commonly overlooked restaurant design traits. These two factors are responsible for everything from mood and ambiance to traffic flow and food presentation. Still aren't quite sure what we're talking about? Read on... A restaurant's success is more than just great food and service. Restaurant design is an all-too-often overlooked ingredient in [...]
Most commercial contractors would agree that the current office construction/remodeling market is dominated by the “creative office.” What’s “in” right now is the adaptive reuse office remodeling. Repurposing older buildings full of architectural charm and character. The conversion of older buildings into creative office space is being seen throughout the Southern California region. Some Los [...]
