After years as a sleepy office park along Winchester Boulevard near Santana Row, the Golden Pacific Office Center — typically referred to as the Comerica Bank building — is undergoing a major renovation. A new ownership group recently acquired the two-building, low-rise office complex at 1245-1275 South Winchester Blvd., which was built in the mid-1970s. Plans are being developed to modernize the three-story, 74,000 sq. ft., mission-style office center into smart buildings, which will include a number of energy-saving features, including utilizing solar power, which will include a number of … [Read more...]

Selling a property is not an easy task even for the most seasoned real estate agent. The best way you can make a dull or unattractive property worth buying is to reposition it by highlighting its positive points. Though reducing the sale price or rentals is the first thing that comes to mind as a property repositioning tactic, one also needs to understand market conditions and potential uses of the property to market it effectively. Different techniques have to be used for repositioning commercial and residential properties as target markets are varied. For real estate agents dealing in … [Read more...]

You may be aware of the existence of property managers, but may not know about the exact responsibilities of a property manager. A property manager is usually hired to manage the daily operations pertaining to an investment in real estate. He or she can manage different types of properties ranging from large apartment complexes to compact single family homes. While a property manager’s responsibility may vary based on the clauses of his agreement or his salary, here are some of the fundamental responsibilities of a property manager. Responsibility for rent setting and collection: Property … [Read more...]

The task of leasing retail space for business could be an intimidating one, especially for business owners taking such a decision for the very first time. You are typically asked for a personal guarantee and irrespective of how much and what kind of protection you offer, there is still quite a bit to consider. Hiring a professional to help lease a retail space can be quite helpful. He/she can get you around by taking care of some of the fundamentals of leasing. There are several areas where you need to exercise caution, before you sign any lease agreement. A credible professional along with an … [Read more...]

By seeking professional help in matters of sale and purchase of real estate, you can transform complex and critical real estate matters and make them growth opportunities. Whether entrepreneurs, lenders, corporate groups or investors; professional real estate consulting firms offer their experience, knowledge and strategic planning services to help these parties take better decisions. The typical services offered by real estate consulting companies include market studies, due diligence, lease advisory, portfolio services and more. Professional help For helping clients accomplish success … [Read more...]