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Recent news on the controversial Huntington Beach Desalinization Plant. Back in 2013, Poseidon Water made a deal with Orange County and obtained the necessary permits to build the Huntington Beach Desalinization Plant. With a 50 million gallons per day capacity, the plant would help cover about 8% of Orange County’s total water demand and provide approximately 300,000 residents with fresh
Understanding some of the major issues regarding commercial cannabis leasing. We at California Commercial Realty Advisors pride ourselves as being experts in the commercial cannabis real estate market. While many clients come to us expressing an interest in renting out their commercial spaces to cannabis cultivation or distribution, they often do not know what to expect. To educate yourselves on
Learn about some of the obstacles posed against operators in the cannabis business. When California legalized recreational marijuana use, many in the industry expected a rapid expansion of the market. Unfortunately, they were soon saddled with obstacles that impeded their growth. As your commercial realty advisors and cannabis real estate experts, we report some of the major hurdles facing those
Learn about Google’s new West LA office space. Recently, Google signed a 14-year lease with Hudson Pacific Properties and Macerich to take over their redevelopment of the Westside Pavilion shopping center. According to Hudson Pacific Properties Chairman and CEO, Victor Coleman, Google’s new West LA office space “demonstrates the strength of the Los Angeles tech and media industries, and exemplifies
Learn how investors can capitalize on California’s growing cannabis industry. Since the legalization of marijuana in California, the industry has been expanding rapidly. However, capitalizing on this growing sector isn’t as easy as procuring commercial spaces and leasing them to tenants in the cannabis industry. As your California commercial real estate advisors, we understand the nuances of real estate and
Is the industrial real estate market set to expand in these California locales? When it comes to the real estate market in California, the industrial sector is one of the top performing segments in the state. This is especially true in key locations such as the greater Los Angeles area and Orange County. But, is the growth of this industry
Here’s why businesses should rely on a specialized commercial real estate broker. As a business owner looking for a new commercial space, you may be tempted to handle the search on your own or rely on the services of a general real estate broker. However, attempting to sort through listings and handle negotiations without an expert commercial real estate broker
Learn about Los Angeles’s new Green Street Building. In downtown Los Angeles, a new seven-story building located in the Jewelry District will open up to tenants who all work in the cannabis industry. The new development, named Green Street Building, will house several different businesses from an art gallery to a law firm to a luxury spa all dedicated to
Things to remember when creating your cannabis lease agreement. When you are creating a lease agreement for your cannabis business, it’s important to understand how different these commercial leases are from standard business leases. Fortunately, we at California Commercial Realty Advisors can offer you some suggestions to ensure that your cannabis lease agreement sets your business up for long-term success.
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(562) 394-3706 (949) 220-9346
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