The Kelemen Company is a leading real estate investment and property management company based out of Southern California. Utilizing our extensive knowledge of Orange County commercial real estate and local market trends, we offer an approach that creates value and minimizes risk. Our goal is simple: optimize returns while maintaining the level of care each investment, property, and client deserves.
All tagged CRE news
Managing the rent roll is a high priority for all office building owners. There are several variables which the astute investor pays close attention to when it comes to NOI performance. One of those variables that perhaps doesn’t get as much attention as vacancy, time-on-market, operating expenses or rent growth, is sublease space. This week, we dive into the impact that sublease space can have on your commercial property.
We look into another solution that has gained a lot of traction in the past few years: the spec suite. The concept is pretty simple: build out your empty space before you find tenants as a means of securing them sooner. Landlords throughout the ownership spectrum have turned to the concept of the spec suite to improve leasing performance, especially with their smaller vacancies. Let’s assess the benefits and risks.
In the past two months, the US Federal Reserve Bank lowered its benchmark Fed Funds Rate in an attempt to reinvigorate the US economy, which has been feeling the impact of sluggish global GDP growth. Major economies around the world have slowed, including China, India and the entire European Union. But how does this affect commercial property owners?
