Tag Archive: culver city

Big Mixed Use Project at Sunset and Crescent Heights Sure to Provoke a NIMBY Fight

los angeles commercial real estate for lease

This might be one that the NIMBYs will lose trying to derail this giant mixed use project at 8150 Sunset at the corner of Sunset and Crescent Heights to replace the old Garden of Allah estate. The project has received designation as a California Environmental Leadership Development Project, which means that any litigation against to…

Client Need for West Los Angeles Office building for Purchase

Client buyer need for office building in the $5,000,000 to $12,000,000 range to buy with fast close. Client needs to owner occupy 1,500 to 2,000 square feet of the building with the remainder net leased or modified gross office. Looking west from downtown Los Angeles, west of the Harbor Freeway (110), preferably west of the…

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…

West LA or Santa Monica Commercial Real Estate for Lease – Medical office Client Need

I’m a Santa Monica commercial real estate agent and have a orthodontic client need for 1,200 to 1,700 square feet of net leased retail or office space for orthodontist medical office use in Santa Monica, the village in Pacific Palisades, South Main Street, Malibu, Venice, Marina Del Rey or west Culver City in the 90066…

2013 Commercial Real Estate Review

It’s that time of the year again when everyone and their mother posts their yearend review for 2013 and/or forecast for next year, 2014.  I’m not going to do that, but instead linked is Deloitte’s 2014 commercial real estate forecast, which is long, detailed and usually fairly accurate.  I will summarize and editorialize a bit…

Triple Net Retail Commercial Real Estate Market Update

Existing triple net retail commercial property has experienced quite a resurgence over the last couple of years for several reasons. First, new construction of triple net retail commercial property for sale and lease has remained at generational lows forcing rents up on existing inventory.   True, that retail real estate for sale are at prices that…

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…

Basic Types of Leases Including Triple Net Retail

I get a bunch of calls from proprietors starting a new concept and looking for a new space to lease or investment buyers looking for triple net retail leased properties to purchase so I thought it would be a good time to review the basic lease types. The corporate backed, investment grade, single tenant, triple net…

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…

Home Sales in Los Angeles and Southern California for the Month of September 2012

According to DQ News, home sales in Loa Angeles and Southern California rang in at 17,859, which is a 20.4 percent drop from the 22,438 sales in August 2012 and down 1.6 percent from 18,149 in September 2011. Although it’s normal for a sales drop from August to September, the steep drop this year is…

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…

Retail

Commercial Real Estate Properties For Purchase, Sale or Lease.  Includes  triple net or modified gross, single and multiple tenant, retail commercial property.   Commercial realtor / broker/ agent who facilitates IRS section 1031 exchanges on retail net leased properties. Scott Harris Scioto Commercial Realty Group Scioto Management Group 1225 Dublin Road Columbus, Ohio 43215 614-905-6614   Keller Williams Commercial…

Office

Commercial Real Estate Properties For Purchase, Sale or Lease.  Includes  triple net or modified gross, single and multiple tenant, office commercial property.   Commercial realtor / broker/ agent who facilitates IRS section 1031 exchanges on office NNN leased properties. Scott Harris Scioto Commercial Realty Group Scioto Management Group 1225 Dublin Road Columbus, Ohio 43215 614-905-6614   Keller Williams Commercial…

Southern California Residential Home Sales for April 2012

For April 2012, DQ News reported that 19,284 new and resale homes sold Southern California last month. That was down from March by 3.4% and up 5.1% from the 18,344 sold in April 2011. April’s median price was $290,000 for southern California, which is up 3.6% from $280,000 in March, and also up 3.6% from…

Southern California Home Sales for March 2012

For March 2012, DQ News reported that 19,953 new and resale homes sold Southern California last month. That was up from February by 36% and up 2.8% from the 19,412 sold in March 2011.  The average increase is 37% from February to March since 1988, when DataQuick’s statistics began.  This sounds like great news, but…

Southern California Home Sales for January 2012

DQ News reported that 14,523 new and resale homes sold last month.  That was way down from December by 24.5% but up .4% from January 2011.  Normally, sales are down from December to January because investors frequently want to close before year end and traditional residential buyers hold off until March or so to get back…

Southern California Home Sales for October 2011

And again, there’s not much in the way of good news to report regarding home sales in Southern California for October  2011.  DQ News reported that 16,829 new and resale homes sold last month, which is down 7.3% from September 2011 and up ½% from October 2010.  Median price at $270,000 is down 4.6% from…