Expanding your medical practice in Beverly Hills is an exciting opportunity, but securing the right office space requires careful planning. A well-negotiated lease can ensure long-term success while avoiding costly mistakes. Here’s a comprehensive checklist to help guide you through the process. 1. Location & Accessibility Is the property in a high-visibility and well-trafficked area?…
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The medical office sector in Los Angeles is showing signs of recovery, though challenges remain. A recent JLL report reveals that the vacancy rate for outpatient medical offices dropped to 9.6% in Q2, marking its lowest point since 2019. Sublease vacancy also remained low, staying under 1%. Among LA submarkets, Downtown LA posted the highest…
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The Southern California industrial real estate market is undergoing significant transformations, presenting both challenges and opportunities for investors. After years of robust growth, the region is experiencing a slowdown characterized by rising vacancies, declining rents, and a reduction in new construction. In the Inland Empire, for instance, industrial rents have decreased by 8% quarter-over-quarter to…
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The retail real estate market is entering 2025 with promising indicators, signaling a robust year ahead. Notably, the sector is experiencing the lowest vacancy rates among all commercial real estate categories, reflecting a strong demand for retail spaces. This trend is expected to continue, with vacancy rates projected to decline to 4.9% in 2025 from…
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