by Joe Killinger
A small-box retailer operates their business very much the same as their larger counter parts but utilizes less square footage. This means that they don’t need as much space for their products and therefore have a lower rent and fewer staff to deal with which equals a lot less overhead.
Read Moreby George Pino
I receive calls like this almost every week…. “Hello, my lease is expiring and I need a new office space” or “Hi, we’re moving our company to Los Angeles and we need new office space.”
Inevitably, when I inquire about their timing they say they’re in need of a new space in one or two months. Although that time frame is possible it brings difficulties. A big misunderstanding among first-time commercial lessees, as well as many experienced lessees is that a commercial space can be found, negotiated, and leased within a couple of weeks.
Read MoreCBI Ceo George Pino sits down with fellow USC alum Phil Atwan of Exchange Resources to walk you through the process of 1031 Exchange investing. Whether you're new to property investment or seasoned pro, great information for anyone looking to move into 1031 exchange.
Contact:
George Pino
310.943.8536
gpino@cbicommercial.com
Phil Atwan
213-479-8800
philatwan@gmail.com
Read MoreThe adage of "invest in real estate because they're not making it anymore" has enticed more than a few people to buy property. There is money to be made in this alternative asset – and for the unwary, money to be lost.
That's because real estate isn't just an investment; it's a commitment, too. "If you're going to take on the responsibility of an investment property, you have to be prepared," says Nancy Doyle, author of "Manage Your Financial Life."
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