At the beginning of 2020, Los Angeles office space was dominated by tech and entertainment/media companies paying record high rents. But exactly how much will the metro's office market change through this pandemic. In this blog post, Los Angeles area office tenant improvement contractors H.W. Holmes, Inc. look at a few things we're hearing from [...]
The traditional office will probably look very different in a post COVID-19 world. With so many people working remote, many companies are reevaluating their office space needs. While some business owners may want immediate tenant improvements to better optimize square footage; for example, to accommodate social distancing requirements to give employees more personal space, others [...]
We've watched as the world has gone increasingly digital. Many offices have remote teams these days. Employees who seldom, if ever, work in a company's physical office space. 70% of white-collar professionals work remotely at least once a week. Another 53% work remotely at least half the week. When they do go into the office, [...]
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 [...]
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. [...]
Congratulations. You've signed a lease. The landlord has given you a Tenant Improvement Allowance and they've even agreed to handle every detail of the building out of your new space. Sounds great, right? Perhaps. Here are a few ways to ensure you're getting the most from your Tenant Improvement Allowance. Make Sure All Work Is [...]
There's a saying, "out of sight, out of mind" that can be applied to many different scenarios. However, when it comes to renovating an office space, let's just say there's much more than meets the eye. What's above an office's ceiling grid is often overlooked if not completely disregarded. But modifications made below the ceiling [...]
When it comes to an office, every company has its own unique set of wants and needs. In this blog post, H.W. Holmes Inc. - Ventura area office tenant improvement contractors - look at a few design elements and philosophies some of the trendiest office spaces are adopting. Designated Team Meeting Rooms This is something [...]
As we near the end of another year, we thought it would be interesting to talk about some trends we've seen as California tenant improvement contractors in 2017. Lucky for us, it's been a great year for commercial renovations, which happen to be our specialty. But what kind of trends are we seeing overall in [...]
