Tag

Office Space
The fourth quarter of 2015 concluded with decreased vacancy rates and positive net absorption in both Los Angeles and Orange Counties. The average office building vacancy rate in Los Angeles County at the end of the fourth quarter decreased to 11.0% (Class A is 14.0%), down 0.5% from the end of 2014. In Orange County,...
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Has the business cycle run its course, or does it have legs for a few more years? Has the stock market peaked again? What about commercial Real Estate?  Is it different this time?  What might derail the market this time?  Is it the shift of private debt to national debt?  Will it be the raising of interest rates...
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Has the business cycle run its course, or does it have legs for a few more years? Has the stock market peaked again? What about commercial Real Estate?  Is it different this time?  What might derail the market this time?  Is it the shift of private debt to national debt?  Will it be the raising of interest rates...
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Most every commercial lease contains a provision requiring both the tenant and the landlord to buy insurance.  Typically, several forms of insurance are required, including Commercial General Liability, Physical Damage, Workers Compensation, and Business Interruption (rental loss for landlords). The most often negotiated components of the insurance provision regards the actual limits of liability and the amount of the...
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While my inner punk rocker smiles at the term, the Damage and Destruction clause in any office lease is no laughing matter.  Although seldom used, it can be the most serious provision in a lease if a major destructive event (Fire, Flood, Earthquake, etc.) affects the occupancy of a building. While many tenants have never had...
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Leasing Activity So is it a Tenant’s Market or a Landlord’s Market?  The buzz seems to be that the market is tightening and that rates are on the rise, and their is evidence of improvement in many submarkets.  However, the average vacancy rate in Los Angeles County Office Buildings at the end of the 1st quarter...
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If you had a brain tumor, would you see a general practitioner or an orthopedic surgeon?  Of course you would not!  You would see a neuro-oncologist. The same goes for brokerage, you need a specialist.  Many people are unaware of the value in hiring a Tenant Representative specialist when leasing space, and, in particular, when...
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What happens at the end of a commercial lease when the tenant cannot move out in time?  Clearly there are huge differences compared with a residential lease where the tenant can have very beneficial rights by statute.  On the flip side, most commercial leases contain a provision entitled “Holding Over” to address a tenant overstaying its lease term....
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Tenant Guardian is a boutique commercial real estate firm focused on tenant representation. We are committed to negotiating the best deals in the marketplace for our clients. Over 25 years of specialized experience in tenant representation ensures that our clients are protected.