Understanding the commercial zoning of a city is essential to making sense of commercial real estate. In this post, we discuss C1 commercial zoning, from a basic definition of zoning to some real-life examples of C1 Commercial Zoning taken from Southern California. What Is Zoning? Simply put, zoning is a tool local governments use to…
In today’s post, we talk about an essential commercial real estate tool: the BOMA floor measurement standards. Keep reading to learn what the BOMA standards are, how they have evolved over time, and why they matter. About BOMA The acronym BOMA stands for Building Owners and Managers Association. Founded in 1907 in the U.S., BOMA…
Due to a combination of factors, including climbing interest rates, buyers are less inclined to purchase industrial properties. Here’s what it means for owners and how SoCal CRE Team can help. Causes and Effects Needless to say, having fewer buyers on the market for industrial properties impacts the strategy and outlook of owners. Let’s take…
“As-is” clauses are one of the most common (and most commonly misunderstood) concepts in real estate. In this article we provide a basic definition of “as-is” clauses and discuss how they impact real estate transactions. A Word About Contracts Contracts are important. In fact, it’s no exaggeration to say that contracts are what make our…
Zip codes are one of the many pieces of information experts use when assessing a commercial real estate transaction. With that in mind, in today’s post we provide a handy and updated guide to the different zip codes you can find in the Inland Empire. What Is the Inland Empire? The Inland Empire, also known…
Looking to understand how commercial real estate buildings are classified? Then keep reading, because In this post, we outline the BOMA classification for office space and explain the differences between each category of building. A Guide to the Classification of Commercial Real Estate Buildings Just like any other complex field, commercial real estate professionals use…