San Fernando Valley Commercial leasing

Available Office Space for Sublease in Beverly Hills, Westwood, Olympic & Brentwood for November 2018

The goal of this webpage is to provide an overview of Los Angeles available commercial sublease space as of November 2018. Please contact Forrest Blake at 310-850-2381 to discuss the opportunities or schedule a tour for sublease as well as direct space. Beverly Hills  Space  Rent 335-345 N Maple Dr          45,135  $    60.23 301 N Canon Dr               160  $  369.84 8383 Wilshire Blvd            9,104  $    37.50 9242 Beverly Blvd            6,461  Withheld 315 S Beverly Dr           ...

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Available Office Space for Sublease in Woodland Hills & Calabasas for November 2018

The goal of this webpage is to provide an overview of Los Angeles available commercial sublease space as of November 2018. Please contact Forrest Blake at 310-850-2381 to discuss the opportunities or schedule a tour for sublease as well as direct space. Woodland Hills  Sapce  Rent 21900 Burbank Blvd                 -  Withheld 5850 Canoga Ave            2,580  $    96.00 5550 Topanga Canyon Blvd            1,990  $    21.00 6355 Topanga Canyon Blvd               120  $    97.56 21021 Ventura...

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Los Angeles Available Sublease Space

The goal of this webpage is to provide an overview of Los Angeles available commercial sublease space as of November 1, 2018. This market data was provided by the CoStar Group. These are the prime office subleases in selected Los Angeles areas. As a top negotiator, Forrest Blake focuses on the best opportunities to reduce rent and increase profitability. Additionally,  these options give tenant representatives great leverage to negotiate with your existing landlord for a below-market renewal transaction. Please contact Forrest Blake at 310-850-2381 to discuss the opportunities or schedule...

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Tenant View – Part 4

Tenant Perspective - Part 4 4. Operating expenses Many tenants fail to adequately scrutinize and negotiate the language within the operating expense provision of the lease. If the language is vague or unclear, the landlord may have the right and take the opportunity to charge a tenant for items not included in a previous lease. This could mean an increase in management fees, advertising expenses and parking garage operations, even when the tenant is already paying for parking spaces. Additionally, utilities and basic operating expenses for buildings have been increasing steadily for the past...

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Tenant Perspective – Part 2

2. Playing monopoly The days of 50 to 100 different commercial landlords existing in a given submarket are over. Today, fewer and fewer players have stakes in the ownership of buildings. For example, Douglas Emmett, Inc. (NYSE:DEI) owns 53 percent of the class A office square footage in Woodland Hills, California. With few competitive choices for tenants, a landlord with market share can confidently and rapidly drive rents higher. Tenants can find themselves with only two options: renew and pay more rent, or move out of the market. Click Here for the 3rd factor. For more information or to answer...

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Tenant Perspective Part 3

3. Landlord net operating income With greater competition for key properties, prices are rising. Purchase prices increase, but institutional and private investors still seek to maintain their prior returns on investment capital. The primary goal is to increase revenue. Return is derived from cash flow, principal payments over time, and the ultimate sale of the asset. Net Operating Income (NOI) impacts both cash flow and the value of the asset. Base rent increases are not the only way a landlord can improve revenue. Increased occupancy, parking charges, specialized services including after-hours...

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Tenant Perspective – Part 1

FIVE FACTORS THAT COULD LEAD TO $5 COMMERCIAL REAL ESTATE RENTS 1. Rising interest rates: Rising interest rates and corresponding rental rate increases have a direct impact on tenants. Tapering off from its policy of quantitative easing, the Federal Reserve has reduced its purchases of assets from $85 billion to $75 billion per month. Further tapering is expected to cause interest rates to rise. Twelve months ago, 30-year mortgage rates stood at 3.2 percent. In April 2014, rates are up to 4.4 percent, and over the next few years we may see further increases of up to three percent...

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Tenants Perspective – Five Factors

The goal of this special report on the Five Factors That Could Lead To $5 Rents is to help commercial real estate tenants foresee their future rent or lease exposure and to communicate practical strategies to maintain, or limit increase in the cost of leasing space in the Los Angeles market and throughout the world. Click Here for Part 1 Click Here for Part 2 Click Here for Part 3 Click Here for Part 4 Click Here for Part 5 For more information or to answer questions please contact. Forrest Blake | Senior Vice President SVN | Commercial - DTLA 800 South Figueroa Street, Suite...

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YOU’RE BEING BLUFFED IN YOUR LEASE NEGOTIATIONS AND IN POKER

YOU’RE BEING BLUFFED IN YOUR LEASE NEGOTIATIONS AND IN POKER This strategy applies as much to negotiations as it does to playing poker. In every deal there comes a time when you just do not have the needed leverage, although you feel confident you could overpower the opponent and win anyway. Other times you may feel you are being pushed around—or, bluffed—by the other side of table. There are many times in Commercial Real Estate leasing where the landlord tells the tenant they have another tenant who is negotiating for the space. On a renewal, they may say there is a tenant who wants to take...

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COMMERCIAL REAL ESTATE LIABILITY & RESPONSIBILITY

COMMERCIAL REAL ESTATE LIABILITY & RESPONSIBILITY If your enterprise is like most companies, your commercial office rent plays a role as the second largest business expense to the company, which directly affects your bottom-line.  As the CEO of GolfTEC Southern California, back in the earl 2000’s, I experienced this exposure personally with a $70,000-monthly-base rent expense spread over the fifteen leased locations. Note: I am not counting other triple net expenses in this amount; just base rent alone. As you may know, paying large rents can be very painful. And, often untimely when...

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