Tenant Tactics Blog

July 23, 2018

A headline like this will likely turn a few heads. After all, one of the major selling points that most brokers highlight in their pitch is how well they know the local market. Brokerage firms that have multiple offices often promote that fact to attract clients with l...

February 2, 2018

An announcement was made today that a vote was taken in the California Assembly on AB1059.The vote was voted 5-1 in favor with 4 "not voting" Unfortunately, it takes 6 votes to pass a bill in committee.

The bill would have created a dynamic shift in the way commercial...

November 7, 2017

Where’s Marty McFly (Back to the Future) when you need him? How about going back to the days of yesteryear, wait, wrong movie. Either Marty or the Lone Ranger might be asking the same question, “Why does my rent go up in two ways every year?” The Lease says it increase...

October 13, 2017

Join the club. In today’s commercial leasing world, to say there is confusion would be an understatement.

There are a few key scenarios that are influencing the direction or maybe one can say, the misdirection of the market. These include:

  • Recovery from the recession

    ...

October 3, 2017

You’re half way through your lease and you get your usual monthly statement. But there’s something wrong. At least you think there’s something wrong. You knew your rent would increase by three percent on each anniversary of the Lease but your recent bill seems to refle...

July 27, 2017

A recent article in the Orange County Register http://ow.ly/KztX30dVNOG  highlighted several restaurants in OC that are closing. Statements by the owners of the eateries cited that the lease was coming up for renewal and they simply decided to close rather than renew.

T...

July 6, 2017

Common Area Maintenance Charges and/or Building Operating Expenses (BOE) can be a surprise cost to many tenants. Too often while negotiating leases the focus is on the base rent rather than the total cost of occupancy which may include:

  • Base Rent

  • Parking

  • T...

June 21, 2017

This may start a firestorm but an issue came up during a recent lease negotiation that could potentially impact everyone reading this blog.

After hours heat and air conditioning (“HVAC”)is an extra service provided to a specific tenant. Therefore, tenants should be resp...

May 22, 2017

Much has been written about the changing design of commercial real estate offices geared to attracting the youngest members of the workforce, millennials. This includes suites with few or no closed offices, long common work tables rather than individual cubicles, commo...

January 26, 2017

In Orange County, CA, as in many markets, the leasing value of both industrial and office space took a sudden spike in July, 2015. One can argue as to what caused this turn but the bottom line is many tenants who signed their last lease between the start of 2008 recess...

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