Tag Archive: brentwood

Update Regarding Measure R2 Draft Proposal For Los Angeles Transit Projects

Los Angeles commercial real estate for sale and lease

I’m getting off of the topic of Los Angeles commercial real estate for sale and lease a bit.  Transportation in and around Los Angeles is of extreme importance if we’re going to have a thriving commercial real estate market well into the future when the population of LA county is expected to rise by another two…

Client Need for Net Leased Retail – 1031 exchange – 45 Identification Period

IRS 1031 Exchanger in 45 Identification period looking for $3.5 to $5 million, national credit, preferably single tenant, NNN, triple net retail with at least seven unexpired years left on net lease.  Prefer absolute net.  No gas or 7 Eleven.  Fast food and fast casual fine if corporate lease or large franchise. Looking West Los…

Introduction to Retail Lease Terminology

I’ve had a number of calls lately from small multiunit residential owners wanting to 1031 exchange out of their property into Columbus or Los Angeles commercial property for sale.  The interest has primarily been in national credit, single tenant, triple net retail leased properties here in Columbus or Santa Monica / Los Angeles. My Columbus…

Owner User Commercial Real Estate Making a Comeback

Well into the early stages of a recovery, companies seeking to raise funds will sell their property to investors and lease back the space.  However, lately, with increased financing options and a constrained supply available companies are warming to the idea or owning their commercial real estate once again. I’m seeing this with Columbus commercial…

About Me

Scott Harris Realtor

I’m Scott Harris, a Realtor licensed in both California and Ohio.  With Scioto Commercial Realty Group in Ohio and KW Commercial in California, representing full-service commercial real estate brokerages located on 1225 Dublin Road in Columbus Ohio and 2701 Ocean Park Blvd., Santa Monica, CA, specializing in triple net, single and multiple tenant retail, multifamily,…

For Commercial and Investment Real Estate – Contact Me

Commercial Real Estate Properties For Purchase, Sale or Lease.  Includes  triple net or modified gross, single and multiple tenant, retail, office and industrial commercial property.   Commercial realtor / broker/ agent who facilitates IRS section 1031 exchanges on retail office or industrial, NNN leased properties. Licensed in California and Ohio for you commercial real estate needs…

West LA or Santa Monica Commercial Real Estate for Lease Needed

I’m a Santa Monica commercial real estate agent and have a client need for 800 to 1,200 square feet of net leased retail space for restaurant use in downtown Santa Monica, the village in Pacific Palisades, South Main Street, Venice, Marina Del Rey or downtown Culver City.  End cap or inline. No need for hood…

Los Angeles Commercial Real Estate Construction jobs up sharply

The Los Angeles / long beach area added more real estate construction jobs than any other metro in the country with the exception of Atlanta. The 8% increase places Los Angeles mid pack in rankings but in raw numbers, 9,100 new jobs was more than any other metro except Atlanta, which added 10,500, a 12%…

Triple Net Retail Client Need in Santa Monica

1031 buyer in 45 day identification period.   Prefers single tenant. Must be S&P BBB- or better corporate lease, triple net retail.  Absolute net even better.  Prefers Santa Monica commercial real estate for sale, but Malibu, Brentwood, Beverly Hills, Westwood, Culver City commercial property for sale also fine.  Los Angeles west of the 405.  Might consider…

Los Angeles and Southern California Home Sales for June 2013

Resale home sales were down in June amid a very tight supply, but prices way up.  Bubble time is coming again and then we all know what’s after that.  We generally go approximately 14 years peak to peak and trough to trough in the Southern California market  Will we be right on time again this…

Walkable Urban Cores – How Downtown can Save America

Daily finance had an interesting interview with Jeff Speck, author of Walkable City: How Downtown Can Save America, One Step at a Time.  Jeff Speck is an architect and city planner in Washington DC and served on the Mayor’s Institute on City Design.  He also served on the Sustainability Task Force of the Department of…

Southern California Home Prices for March 2013

Median price hits 56 month high, up 23.4 percent from March of last year.  Much of that increase however, can be attributed to a big change in product mix as sales in higher priced neighborhoods have shot up and a sharp drop in lower end deals. A total of 20,581 new and resale houses sold…

Los Angeles and Southern California Home Sales for January 2013

DQ News reported solid gains for the first month of 2013 with 16,058 new and resale homes sold in January.  This number is down 20.8 percent from December 2012, but up 10.6 percent from a year ago, January 2012.  It’s the highest home sales for a January in six years. The median price at $321,000…

New Apartment Construction Swamping Market?

CoStar News reports that new apartment construction at four or five times the national average for other types of commercial construction in certain markets will cause vacancies to increase. “Apartment construction has been on a tear in certain markets,” CoStar says. “With the inventory growing at more than four or five times the national rate,…

Los Angeles and Southern California Home Sales for December 2012

A total of 20,274 new and resale houses and condos sold in December 2012, which is up 5.1 percent from the 19,285 in November 2012 and up 5.3 percent from the 19,247 sold in December 2011.  Sales were still 17.2 percent below the December average of 24,488 so there’s still room to grow. Median price…

Southern California Home Sales for November 2012

According to Data Quick, 19,285 new and resale houses and condos sold in Los Angeles, Riverside, San Diego, Ventura, San Bernardino and Orange counties in November 2012.  Sales were down 8.5 percent from November, but up 14.2 percent from November 2011.  A decline from October to November is normal and expected.  The November average has…

Southern California Home Sales for August 2012

According to DQ News, Southern California home sale rose to a six year high for the month of August.  A total of 22.438 new and resale homes sold in Southern California.  That’s up 9% from July 2012 and up 14.2% from August 2011. Last month’s $309,000 median price was up 1.0 from July and up…

Southern California Homes Sales for July 2012

According to DQ News Southern California home sale rose for the seventh consecutive month to 20,588 for the month.  This was down 6.7 from the 22,075 in June, but up 13.8% from July of 20122. The median price also rose to $306,000 and that’s up from the $300,000 from June and up 8.1% from the…

Southern California Home Sales for June 2012

DQ News reported that homes sold in Southern California rose for sixth consecutive month to 22,075 for June 2012.  This number was down .5% from May 2012, but up 7.5% from the 20,532 sold in June 2011. True, Southern California sales rose 7.5% from a year earlier, but most of the uptick came in the…

Southern California Home sales for May 2012

For May 2012, DQ News reported that 22,192 new and resale homes sold Southern California last month. That was up from April by 15.1% and up 20.6% from the 18,394 sold in May 2011. The median price in the six county Southern County market rose to $295,000 last month.  That was up 1.7% from April…