FASB 842

AN INVESTMENT SALES BROKER’S VIEW: FASB Section 842’s Impact on Sale/ Lease-Backs, Build-to-Suits and 1031 Exchanges

The Financial Accounting Standards Board (FASB) has elected to make a key change in how leases are accounted for.  These changes will kick in for public companies on December 31st of 2018 and for everyone else a year later.  This will have wide ranging impacts on company’s financial statements.  Verizon is said to have to …

Is the Office Building Dead?

Is the Office Building Dead?

The only thing constant in life is change and so it goes with the “Office Building.”  What was an immutable truth 20 years ago is yesterday’s news in today’s globalized, digital, warp-speed economy.  So, are office buildings—a key food group of the commercial real estate universe—dead or dying?  With nearly 11 billion square feet of …

Common Area Maintenance CAM Shopping Center

Four Quick Ways to Simplify CAM Reconciliations for Commercial Properties

Managing Common Area Maintenance (CAM) expenses for shopping centers and office buildings can be a challenge and a lot can go wrong.  Tenants may question your math and different tenants often have different CAM reimbursement requirements.  To be successful at this you have to start early, be organized and have a plan.  Below are four …

Government Tenants

Quick Guide: Working with Government Tenants

Managing buildings with government tenants is a unique endeavor in the commercial property management world.  We manage several Social Security office properties and a DMV office in Northern California.  We have found that government tenants—rightly so—have among the highest expectations of any tenant type for their commercial property owners and managers.  This is certainly reasonable, …

Modesto Commercial Strip Center

5 Ways to Increase the Value of your Commercial Strip Center by 10%

In the age of Amazon, commercial strip centers are a sound retail investment.  They are generally populated by service providers and restaurants, things that the internet cannot easily replace.  Common tenants include: hair and nail salons, insurance agents, tattoo artists, restaurants and tax preparers, among other things.  Most of these are services and cannot easily …

Industrial Plant Closure, Real Estate

Investing in and Repurposing Large Industrial Facilities after Plant Closures

Joe Muratore, CCIM Being based in the Central Valley and East Bay Area of California (specifically Stockton and Modesto), we have seen our fair share of large industrial plant closures and movements.  In the last few months, I have worked on several plant projects in some capacity and the purpose of this blog is to …

Inspection Checklist for Shopping Center & Office Building Property Management (PDF)

Being a great shopping center manager requires diligent attention to detail from you and your team.  Our firm generally visits each of the shopping centers we manage every week and twice a month we produce a detailed report with pictures catalogs the current state of the center, tenant feedback and an update on open work …