Deals Archives - Page 3 of 5 - Klein Commercial Real Estate

Race for Space – The New Dynamism

Posted on March 11, 2018April 29, 2021 by Jim Klein

Dynamic pricing is becoming a greater influence on space leasing and building sales. By dynamism, I mean fluctuating rents separate from conventional underwriting. A “spot market” is emerging to satisfy demand for smaller, flexible, and elastic spaces. Many examples include Truck Yards, Warehouse Sharing, Creative, Cannabis, and other categories of sub-space where “street rents” are disconnected from contract rents. WeWork and Amazon are two primary examples that contract with the Landlord at one rent, and lease out space bits at higher rents. Public Warehouses, Self-Storage, Swap Meets, Studios and Truck Yards operate along the same model by collecting additional rent by offering “alternative occupancies” with varying degrees of added services. The revolution is any building can be pieced out especially with easily acquired technology that can create “smart” buildings for automation, surveillance, and access.
Continue reading “Race for Space – The New Dynamism”

Winter News 2016 – Industrial Real Estate Profits

Posted on January 19, 2016April 29, 2021 by Jim Klein

The current cycle is being propelled by three major conditions: Space Scarcity, Capital Markets Pressure and Rent Surge. Market dynamics are still very favorable for development and will only be disrupted if demand begins to weaken. Otherwise, strong fundamentals are the prevalent condition in most major U.S. markets.
Continue reading “Winter News 2016 – Industrial Real Estate Profits”

Notes From the 2015 SIOR Fall Conference in Chicago

Posted on October 13, 2015April 29, 2021 by Jim Klein

Here are a few notes from the SIOR Fall Convention 2015 that was held in Chicago this past weekend, October 8-10.
Continue reading “Notes From the 2015 SIOR Fall Conference in Chicago”

Looking at US Industrial with the US Cluster Mapping Project

Posted on January 2, 2015April 29, 2021 by Jim Klein

The Cluster Mapping Project (CMP) was pioneered by Michael E Porter of Harvard University. He is just as well known for his works on Competitive Advantage. His work is a necessary foundation for US Industry and business organizations. I reprint his Value Chain diagram below for company diagnostics, which has been repurposed to examine the competitiveness of regions. To understand the implications of location and clustering, you can read an article Professor Porter published in 1995 about the strategic location of inner cities which is just as relevant today.

Continue reading “Looking at US Industrial with the US Cluster Mapping Project”

Real Estate Deals in the GIS and Data Universe

Posted on April 23, 2013April 29, 2021 by Jim Klein

Good technology can improve real estate deal making. This article describes my experience with Geographical Information Systems (GIS) and how it has become a fundamental tool for my business. At its simplest, GIS programs are a visual adjunct to database and contact management programs. However, if used to its fullest, GIS can crystalize multiple property relationships to monetize real estate information by traditional forms of deal making, solve complicated problems and create new business models.

Continue reading “Real Estate Deals in the GIS and Data Universe”

Questions About The End of California Redevelopment

Posted on February 2, 2012April 29, 2021 by Jim Klein

We are starting an extremely interesting and confusing period as redevelopment agencies (RDAs) come to an end. Firstly, RDAs were a powerful force in every city’s arsenal. They employed large staffs and had enormous budgets. A lot of the built commercial world is attributable to redevelopment through direct land contribution, infrastructure, subsidies, guarantees, loans or other physical or financial contributions. RDAs created a lot of very good development that would not have otherwise been built. High quality, low income housing units were developed. Many private and capable developers profited.

Continue reading “Questions About The End of California Redevelopment”

HOW ARE THINGS LOOKING?

Posted on May 3, 2011April 29, 2021 by Jim Klein

Customers always ask me, “How do things look?” Here’s one way to answer. In this roughly one square mile grid of Broadway/Rosecrans, there are about 120 buildings of decent size. I count 25 that have availability. Perhaps not the entire buildings are on the market, but enough to depict this picture. That’s about 20% of the buildings with significant availability. I’m working on a lease in Chatsworth and there is even more yellow. This is a pretty consistent picture throughout Los Angeles. In contrast, there have been times when there is no yellow.

Continue reading “HOW ARE THINGS LOOKING?”

INTRODUCING MAPP 1.0

Posted on September 20, 2010April 29, 2021 by Jim Klein

Over the summer we created a commercial real estate mapping application that combines the important commercial real estate information for Los Angeles County in one place. It is designed to help buyers, tenants, developers, and investors get a spatial view of the real estate commitment they are about to make. We call this map application MAPP 1.0.
Continue reading

Tenants Are the New Opportunity Buyers

Posted on August 18, 2010April 29, 2021 by Jim Klein

Tenant decision making has radically changed since the Great Recession. The combination of low interest rates and falling prices mean that mortgage payments are the same as or less than rent. This has been a fairly rare occurrence over my 30-year career. Tenants with established histories are finding some great bargains. Even companies that may have difficulty obtaining loans and lack large down payments can team with sophisticated investors to solve many financing hurdles.

Continue reading “Tenants Are the New Opportunity Buyers”

« Previous 1 2 3 4 5 Next »