Posts tagged Orange county california
Transforming the Atrium Outdoors

Through a capital expenditure program, the Kelemen Company has embarked on improving both the interior and exterior of the building and to bring additional amenities to the property. This past Summer of 2019, The Kelemen Company completed the removal of the colonnades of the Atrium building in Irvine, CA.

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How To Increase The Competitive Standing of Your Property

Whether you own a Class C wood-frame building constructed in the early 1970s or a Class A high-rise, there has never been a more important time to take a critical and brutally honest look at how your property is perceived by prospective tenants.

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Taking On Functional Obsolescence

A decreasing property value can also be converted to an opportunity, as those investors with the necessary skills, resources and capital are often able to acquire property at a discount and add value by addressing issues areas of obsolescence and deferred maintenance. But, before we get into that, let’s take a high altitude look at both conditions starting with the tougher of the two, functional obsolescence, to frame the topic.

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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.

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Why Your Commercial Property Should Practice Sustainability

Few would argue the underlying value of getting more by using less. It runs along the same line as the old saying; waste not, want not. But, is it really something for you as an owner to definitive action on? We think the answer is yes. In this post, we focus on the environmental (planet) and economic (profits) aspects of sustainability as they relate to your ownership of commercial office property.

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Federal Reserve Cuts interest rates

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?

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Leveraging The Latest CRE Tech Tools

Top line revenue growth is important, but the bottom line is the truest measure of success whether you are a manufacturer or the owner of an office building. The most successful business and property owners are constantly looking for ways to leverage all the resources at their disposal to send as many pennies from each dollar of revenue to that coveted bottom line.

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Split Tax Roll Proposition Gets a Makeover

While numerous attempts have been made through the years to repeal or amend the landmark constitutional amendment championed by Howard Jarvis, this is the first attempt to modify the underpinnings of Proposition 13 via a statewide vote. While the proposal for additional funding to school districts, community colleges and local governments is still scheduled for that vote, it has recently come under intense scrutiny throughout the state and recent polls have indicated that passage could prove difficult.

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Net Leases May Be Next For OFFICE LANDLORDS

Net Operating Income (NOI) is the Holy Grail of real estate metrics. It establishes value and determines borrowing power, among other things. Protecting and enhancing NOI is what the game of property ownership is all about. Depending on the type of lease and product category, property owners are able to pass along some or all of the cost for property taxes during a lease. This ability is going to become even more important if this proposition passes.

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How to Save Your Money On Operating Expenses

When you reduce your operating expenses, you increase your cash flow and ultimately the value of your property. With Orange County commercial properties, there are many steps you can take to reduce your operating cost.

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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.

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