Leasing or purchasing a warehouse is a major decision with a direct impact on the bottom line of a company. With that in mind, today we offer an overview of the factors that must be considered when choosing a warehouse. What Factors To Consider When Choosing a Warehouse? Warehouses provide a centralized location to store…
Measure ULA, (also known as the “Mansion Tax”), a provision that imposes a new tax on the sale or transfer of real estate property in Los Angeles, is getting pushback from real estate and anti-tax groups. L.A.’s “Mansion Tax” Is Challenged in Court A coalition of real estate and anti-tax groups has challenged the recently…
While both terms are sometimes used as synonyms, warehouse space and industrial space are two separate concepts. Follow along to learn more about the differences between these two types of properties. Warehouse Space vs Industrial Space: What Is the Difference? In everyday conversation, people sometimes use “warehouse space” and “industrial space” interchangeably. However, there is…
Los Angeles voters have approved Measure ULA, also known as “Mansion Tax,” a transfer tax that will affect the sales of both commercial and residential properties. In today’s blog, we take a closer look at the impact of this new tax on commercial real estate. What Is the “Mansion Tax”? Simply put, Measure ULA (United…
The pandemic lockdowns fueled dramatic growth in both e-commerce and warehouse space. And while global conditions have changed, a recent survey shows that demand for logistics space in the United States remains strong. Demand for Logistics Space Still Strong Despite Economic Headwinds CBRE, the world’s largest commercial real estate services and investment firm, carried out…
Floor Area Ratio is a concept with implications that impact zoning and Commercial Real Estate Investments. Keep reading to learn what FAR is, how to calculate it, and why it matters. What Is Floor Area Ratio (FAR)? The term Floor Area Ratio (or FAR for short) refers to the relationship between the total square footage…
When it comes to real estate, the two main categories are commercial and residential. But how to tell the difference between each one? Follow along to learn more about commercial and residential properties. What Is a Residential Property? At its most basic, a residential property is a property used mainly for residential purposes. Whether it’s…
In today’s blog, we take a closer look at Conditional Use Permits. Follow along to learn what a Conditional Use Permit is and its importance to commercial real estate. What Is a Conditional Use Permit? A Conditional Use Permit (or CUP, for short) is a permit required to open a business in a zoning district…
CAM charges are an important part of many commercial leases. But are CAM charges negotiable? In this post, we answer this and other common questions about CAM charges. What Are CAM Charges? The “CAM” in “CAM charges” (also known as CAM expenses or just CAMs) means “Common Area Maintenance.” Simply put, CAM charges are the…
If you are looking to invest in Commercial Real Estate, California is one of the most attractive alternatives — if not the best. In this post, we review some of the reasons why the Golden State more than lives up to its nickname. 1. A Thriving Economy California’s economy is country-sized. With a Gross State…