From the Blog
Converting Office to Residential: Is It Possible?
Articles & Insights, Multi-Family, Office
As the office market continues to struggle locally and nationally, and multifamily vacancy rates in Southern California hover around 4%, converting underperforming office assets to residential would appear to be a logical solution to two…
As 2024 Approaches, These Are the Issues Facing CRE
Articles & Insights, Market Insights
As 2023 enters its final days, what are commercial real estate’s top issues? In early October, The Counselors of Real Estate, an international consortium of commercial property professionals, released their annual report, identifying…
With Industrial Rents Remaining High, SBA Loans May Offer Pathway for Tenants to Become Owner-Occupiers
Articles & Insights, Investment, Market Insights
Many Southern California industrial tenants who signed leases pre-COVID and are now looking to renew are experiencing sticker shock. At the close of 2019 — before the pandemic — industrial asking rates in those markets hovered around…
Checking in with the Experts: CRE Deal-making Slows as Debt Becomes More Scarce
Articles & Insights, Buyers, Investment
For investors looking to deploy capital or an owner-occupier trying to combat industrial rent inflation by purchasing their own building, the Halloween headlines from the Wall Street Journal and Bisnow were frightening. The Money Has Stopped…
As Natural Disasters Drive Commercial Property Insurance Higher, What Can Commercial Property Owners Do to Mitigate Risk?
Articles & Insights
Catastrophic events have always been a component of the risk equation for property owners and insurers, but since 2017, there has been a dramatic increase in natural disasters of all types, ranging from hurricanes and tornadoes to earthquakes…
Despite Increase in Industrial Vacancy, It’s Still Not a Tenant’s Market
Articles & Insights, Industrial
Even with the massive year-over-year (YOY) increase in vacancy rates in the Southern California industrial markets — up from 100 to nearly 300 basis points, depending on the market — tenants still aren’t seeing much rent relief. Average…
Tenant Improvement Costs Compound Challenges for Landlords
Articles & Insights, Office
As if the slower-than-hoped-for return to the office, the emergence of hybrid work models, and the looming commercial mortgage crisis weren’t enough to contend with, landlords that have been fortunate enough to ink tenants to new deals…
Demand for Cold Storage Shows No Signs of Cooling
Articles & Insights, Industrial
The impact of COVID-19 sent shock waves through the entirety of the commercial real estate industry, and its aftershocks are still being felt today. The work-from-home strategy that was so vital to keeping businesses open during the pandemic…
How Will AI Impact Commercial Real Estate?
Articles & Insights
At the closing session of the Society of Industrial Realtors (SIOR) Spring Conference in Montreal this year, self-described economic futurist Andrew Busch delivered a talk on “The Future Economy: Growth Opportunities.” Toward the end…
Lease or Buy Decisions Complicated by Market Uncertainty
Articles & Insights, Buyers, Industrial, Office
When seeking out a commercial property to either start or grow their company, business owners are often faced with the question: Should I lease or buy? There is no one-size-fits-all solution, and the best strategy for any company depends…
The Future is Decentralization
Articles & Insights
Hold on tight. The commercial real estate rollercoaster is far from over. The pandemic unleashed a wave of structural economic shifts that caused a once-in-a-generation landslide in the industry. And the effects have not been distributed…
Innovative Ways to Reward and Motivate Your Employees
Articles & Insights
Today, there are more ways to work than ever before. Whether your employees are working remotely, juggling hybrid, or navigating new workplace technology, finding ways to reward and appreciate their efforts is important.
When employees…
Join the Journey: Celebrating 30 Years of Empowering Athletes with CAF
Articles & Insights, From the Desk of Eric Northbrook
I hope this message finds you well. Over the years, your invaluable support has played an integral role in fueling the mission of the Challenged Athletes Foundation (CAF) – a mission that empowers individuals with physical challenges…
What Can Landlords Do to Improve Their Properties to Gain/Keep Tenants?
Articles & Insights
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…
Key to Success: Build a Strong Company Culture
Articles & Insights
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.…