Commercial real estate in California and the rest of the country has been resistant to incorporating change in how it does business. However, proptech, or real estate technology, is beginning to transform the industry.In 2017, venture capitalists devoted $12.6 billion...
Commercial Real Estate
Tips for negotiating commercial leases
It isn't uncommon for a business owner to have some leeway in negotiating the terms of a commercial real estate lease. However, how much leeway it will have depends on market conditions. For instance, if most buildings in California are occupied, the landlord will...
Issues to consider when buying real estate
California business owners often strive to expand their commercial spaces. This may be office space, a warehouse or whatever else fits their needs. Prior to doing so, it is a good idea to locate an area in which to start looking for a property. Ideally, it will be in...
Tech companies and real estate markets
Tech startups are taking up increasing numbers of office spaces in California. Since 2017, tech companies have accounted for 42 percent of the square footage in leased commercial spaces in North America. That amount is double the percentage of the financial...
What to know about breaking a commercial lease
Those who start businesses in California do so with the hope that their organizations will grow. One consequence of a growing business may be the need for a larger office, warehouse or retail space. Ideally, business owners who negotiate commercial leases will...
The potential of blockchain in real estate investment
Just as Bitcoin and other cryptocurrencies are sparking interest among many entrepreneurs in Southern California, the potential of blockchain technology could also be a boon to commercial real estate investors. Blockchain allows information to be distributed through a...
Commercial property prices stabilize as supply meets demand
Many commercial properties in California come with high price tags, but prices have begun to stabilize after years of growth. Price tracking at one online real estate marketplace indicated a small 0.2 percent rise in the August 2018 price index. Looking back at a full...
What to consider before acquiring commercial property
As California companies get bigger, they generally need more space to function in an efficient manner. In some cases, this means buying a warehouse or a larger manufacturing space. In others, it could mean buying a larger office to accommodate more workers joining the...
Using technology to maximize revenue
Investors in commercial real estate projects in Los Angeles may be curious about how the technological developments that are constantly taking place can be used to maximize their return and promote their projects. Technology specifically for real estate development is...
Commercial real estate looks toward youth market
The commercial real estate market in California is increasingly looking toward the future, and for many developers, that means tailoring work to the interests of Generation Z. Developers have noted that young people are interested in eco-friendly construction as well...
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