Nicely landscaped industrial distribution center
As a landlord, your ultimate goal is to attract quality tenants who will not only pay their rent on time but also take care of the property. In a competitive leasing market with numerous options available to potential tenants, standing out from the crowd can be a challenging task. The secondary goal, retaining the tenant, … Continued
Casual group discussion between boss and employees - strong company culture
Establishing a strong company culture is vital for a positive and productive work environment. A company’s culture is built on shared beliefs, values, and practices and guides its employees’ interactions with each other and its customers. The outcome is increased employee satisfaction, higher retention rates, enhanced productivity and a higher level of customer satisfaction and … Continued
Woman packing her office for a business relocation
Congratulations on finding a great new space that fits your business’s needs! Relocating or expanding your business to a fresh or new commercial space can ignite a whirlwind of emotions – a mix of excitement, anxiety, and a feeling of being overwhelmed. The demands of the moving process are undeniably complex, but amidst the chaos … Continued
Image of the Vendry Cohar Workspace studio with long shared deskes, boothes, kitchen and bleacher seating.
The COVID-19 pandemic has fundamentally reshaped the way we work and live. As we adapt to new work arrangements, shared office space has emerged as a valuable solution to navigate the post-COVID landscape. Both startups and large corporations like Microsoft, Samsung, and Visa utilize dynamic coworking spaces to rent flexible desk, office, or meeting rooms … Continued
Robot and human hand connecting on a computer screen with a glowing light
Depending on who you’re listening to, artificial intelligence (AI) can either conjure up a HAL 9000 or a benevolent WALL-E scenario. In any event, the genie has been released from the bottle and there’s no turning back. It’s understandable that some folks are wary of this technology. Probably the best way to address your issues … Continued
It seems appropriate that Measure ULA (United to House LA), otherwise known as the “mansion tax,” went into effect on April Fool’s Day of this year. For those not familiar with this measure, a 4% ULA transfer tax is now levied on the sale or transfer of real property when properties are valued above $5 … Continued
Debt vs Income on a scale
The grim statistics show that commercial-property owners face nearly $400 billion of debt maturing this year as regional bank failures threaten the industry’s biggest source of financing. Local and regional banks accounted for nearly 50% of commercial real estate loan originations in 2022 according to a report from MSCI Real Assets. Additionally, there is almost … Continued
California Assembly Bill 1000 (AB 1000), also known as the Good Neighbor Policy, was resurrected from the corpse of AB 2840. With an aim to protect California communities and improve air quality, the bill would limit, or in some cases, stop the development or expansion of warehouses over 100,000 square feet within 1,000 feet of … Continued
Hybrid Work Man sitting at home drinking coffee in work from home office
Inflation, inflation, inflation… We’ve all heard about it non-stop this year. In 1964, according to the Federal Reserve History, “inflation measured a little more than 1 percent per year… Inflation began ratcheting upward in the mid-1960s and reached more than 14 percent in 1980.” Today, the U.S. inflation rate sits at about eight percent; bouncing … Continued
Holographic Image of Businessman and Commercial Real Estate Skyline
Many people have a basic understanding of investing in property, but usually, that property is residential real estate like a single-family home or condo. When it comes to investing in commercial real estate, however, there’s less general knowledge of exactly what that is and the benefits that this type of investing holds. At Voit, we … Continued