When you’re negotiating a commercial lease in Los Angeles, one term that’s bound to pop up is the Tenant Improvement Allowance—or TIA. It sounds fancy, and it sort of is: it’s essentially your landlord offering to foot part of the bill for customizing the space to your needs. Whether you’re opening a retail boutique, launching […]
Commercial Property Remodeling
Strategies for Downsizing Physical Space in the Digital Age
Downsizing physical space in the digital age is more than just a trend—it’s smart for many businesses. With the rise of digital tools, remote work, and shifting team needs, companies find themselves with office areas they rarely use. Inspecting your space lets you identify where adjustments make sense and free up resources. Whether reducing storage […]
Essential Steps for Preparing Commercial Properties for New Tenants
Preparing commercial properties for new tenants is essential to ensure a smooth transition and create a positive experience. Whether you’re welcoming a local business or a company relocating to California from far away, taking the right steps will make the process easier and attract long-term tenants. From conducting a thorough inspection to making necessary upgrades, […]
Doubling Down: How One Owner Profited by Remodeling During a Major Vacancy
The Challenge Architect and commercial property owner Eric Luk had a decision to make in 2017. His five-building commercial complex West Main Place Medical and Professional Plaza was about to lose a major tenant occupying roughly fifteen percent of the complex’s leasable units. In the face of major vacancy, he could either hit the panic […]
