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 [...]
People in the commercial construction industry, including us here at H.W. Holmes, Inc., like to talk about office market trends. This very blog is full of such talk and our own projections about where the office market is headed. Here we’d like to debunk some common misconceptions people may currently have based on what they’ve [...]
When leasing office space, companies must recognize that less is more when it comes to maximizing cost savings. Avoid leasing excess space just because you're offered a seemingly great rate per square foot. If you're leasing office space, finding the right space can be a challenge. Especially if you're a cash-starved startup unfamiliar with the [...]
Office remodeling and build-outs are ideal for any company that needs to transform an uninspiring work environment into a workspace that motivates and stimulates office personnel... There's nothing worse than a boring and uninspiring office space. This is why office build-outs and remodels are becoming increasingly necessary today. As tenant improvement general contractors in Ventura, [...]
Can the American mall come back from the dead? Commercial general contractors work to attract retail and non-retail tenants to empty indoor mall spaces. Could commercial general contractors play a role in helping indoor shopping centers lease unoccupied retail space? The once hustling and bustling malls of the 80s and 90s are having trouble maintaining [...]
