THE REAL DEAL REAL ESTATE NEWS Los Angeles office cubicles could be swapped for walk-in closets and induction stovetops. More landlords are considering converting offices into condos or apartments as companies cut back on leases as they permanently adapt to remote work, the Los Angeles Times reported. While most haven’t acted, candidates for conversion are eying uncertain...

• calendar_month June 1, 2023
• category Los Angeles
• post Affordable Housing, Apartment, High-Rise Office, Housing, Los Angeles, Office Buildings, Rent, Vacancy

Calculating rent for commercial property typically involves several factors. First, determine the total usable square footage of the space. Next, establish the base rental rate per square foot, which is often negotiated between the landlord and tenant. This rate can vary depending on factors such as location, condition of the property, and market demand. Additionally, consider any additional co...

• calendar_month June 6, 2024
• category Commercial Real Estate
• post Industry, real estate, Rent, resources