ESQPMG Real Estate Investment Blog

Commercial Investing

Electric Vehicle (EV) Charging May Increase Your Commercial Real Estate Value

Let’s face it, if your commercial property is tired and obsolete there are limited options to improve the overall value save for significant renovations or a complete rebuild.  However, if your building has useful life, is occupied, and you want to improve value with not much investment consider adding EV charging stations.  This improvement will be immediately noticed by the environmental ESG crowd.  Your edifice may now acquire the allure to beckon patrons, prospective clients, and personnel who were previously beyond its magnetic reach.  Moreover, there are options for additional revenue streams with EV charging stations.

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Commercial Investing

Commercial Landlords Should Exercise Care When Drafting Tenant Use Agreements

A recent case of Castaic Studios, LLC v. Wonderland Studios LLC, the California Court of Appeal rendered a decision pertaining to the eviction process in commercial real estate. The ruling establishes that when a property owner extends only a license (just like a ticket to a ballpark), rather than a lease, for the use of real property, the owner cannot resort to California’s summary eviction process, unlawful detainer, against the defaulting party. Franc (2015) 233 Cal. App. 4th 744, 758-759.

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Commercial Investing

Mountain View City Council Approves Three-Story Commercial Project

In the heart of downtown Mountain View, a transformative three-story commercial development has been approved at 705 West Dana St., formerly an auto repair shop. Despite the City Council’s unanimous approval of the project by Smith Development, a notable Mountain View real estate development firm, concerns surfaced regarding the transparency of the architectural plans available for public review – which were not fully disclosed for various reasons.

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artificial intelligence real estate

Emerging Trends in Commercial Real Estate

The commercial real estate (CRE) market has historically been known for its “traditional” approach to business, also known as the “Old Boys Network.”  Recently we have seen a trend towards implementing innovative technologies that are transforming the industry, like artificial intelligence and forecasting software which many of the traditional brokers have struggled to adopt.

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artificial intelligence real estate

Why Hire a Commercial Property Manager?

Notwithstanding some bleak outlooks for 2024 commercial real estate, your commercial property investment is a business and should be treated like one. Unless you are

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