All tagged Office & Retail

Dealing With Sublease Space in Your Office Building

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.

­Irvine Spectrum: Orange County’s Field of Dreams

The Irvine Spectrum is not a baseball diamond carved out of a cornfield, but in many ways, it is just as aspirational and inspirational as that Iowa farm. Tibor Kelemen, CEO of the Kelemen Company, who is no stranger to Spectrum, having worked in the center of it since the 90s, shares his insight on the growth of spectrum, the office submarket, and the impact on neighboring submarkets.

The Election Effect Brings Uncertainty For Commercial Real Estate

On November 6th, we go to the polls to decide on some very big issues at both t­he federal and state levels. The main act is, of course, deciding who will be sworn in as President on January 20th of 2021. Will we stick with the status quo or do we take a chance on a candidate who wants to take the country in another direction?

Remote Workforce Trend Poses Another Challenge to Office Property Owners

Armed with a smartphone, laptop, and an internet connection, many office-based workers have left the building…literally. This new remote-driven culture has allowed businesses to occupy less space, spend less on interior improvements and focus more of their resources on innovation, growth and making sure that valuable employees remain happy enough to stick around. Let’s take a closer look.

Office Market Q4 2019 Projections

The Orange County office market is still in expansion mode, but key market metrics are showing signs of fatigue as we enter the final quarter of 2019. Results have been mixed throughout the year and a decrease in transaction volume, higher vacancy rate, and sporadic net absorption has fueled more speculation that a long-awaited correction may be coming soon.

Retail Apocalypse or Healthy Response to a Changing World?

The term Retail Apocalypse is quite a workout in the media these days. It refers to the fallout from recent changes in the buying behavior of retail consumers. But, apocalypse might not be a fair way to describe current retail trends. In this post, we take a closer look at what’s going on in the retail sector and what it could mean to consumer behavior here in Orange County.

What You Need To Know: The Effectiveness of a Well-Designed Office Space

Workspace design may seem like a simple task- arrange cubicles in a large room and voila the office is complete. However, before jumping the gun and hiring an interior designer to beautify your office space, it is important to understand the factors that come into play when designing an ideal workspace for your business. There is a vast difference between an aesthetically pleasing setting and an effective workplace. 

The Impact Of U.S. Trade War On Commercial Real Estate

The U.S. trade war has reached new heights in recent months. Though the correlation between tariffs and commercial real estate may not be immediately apparent, experts have become increasingly concerned with the potential impact of the U.S. trade war on commercial real estate across the U.S, including commercial real estate in Orange County.