It’s common practice to offer commercial lease incentives to well-qualified tenants. You want to get a good tenant in place who will stay for a long time and follow the terms of your commercial lease. The most popular lease incentives are tenant improvements and free rent. We always try to sign tenants without any incentives […]
Los Angeles property management company
Determining the Length of Your Commercial Lease | Property Management Advice
Having a commercial lease that’s longer than a year or two provides benefits for both the landlord and the tenant. As a commercial property owner, you want to avoid vacancy and be secure in the fact that you’ll have guaranteed rental income for at least three years. Tenants often need to show they have a long term lease in place when they’re applying for business loans or financing. Both parties appreciate the security that a longer lease term provides.
Best Tips for Negotiating a Commercial Lease in Los Angeles, CA
There is a lot of back and forth that’s involved in negotiating a commercial lease. With residential properties, it’s a simpler process. You set a price and then find a qualified tenant who is willing to pay it. With commercial properties, you’ll set a target price and then have more to negotiate because maintenance, CAM […]
Emergency Commercial Property Maintenance in Los Angeles – Who’s Responsible?
Emergencies happen, and at Los Angeles Property Management Group, we usually find that we’re dealing with a maintenance issue at a commercial property a few times every year. Property managers or landlords need to make an assessment at the time of the emergency to determine whether it’s the tenant or the owner who is responsible […]
How to Rent Out Commercial Property | Advertising Tips in Los Angeles
When you want to rent out commercial property, you’ll find that it’s a bit more complicated than renting out a residential unit.
What Do The Best Commercial Property Managers Do in Los Angeles?
Managing a commercial property is a lot different than managing a residential property or a multi-unit building. At Los Angeles Property Management Group, we have a leasing agent who is dedicated to our commercial properties. If you’re wondering why you might need professional property management for your commercial space, there are a few specific things […]
