Gary: October 2008 Archives

La Habra Business Center is a multi-tenant industrial park that contains over 173,000 rentable square feet.

Now that our economy is experiencing difficult times with employment, the credit market, etc., maintaining occupancy of a multi-tenant park can be very challenging, and can also add pressure to property owners to lower rents. However, our team has been able to maintain an occupancy level above 95% while gradually increasing rents. Even during these times, we are consistently drawing in prospective tenants.

Our property management staff has done a great job maintaining strong relationships with the existing tenants while preserving the property. The tenants continue to renew their leases and grow within the industrial park.

Together with our ability to attract qualified tenants and our supportive property management staff, we've been able to get rents above an average of $0.94 per square foot.

Our success at La Habra Business Center proves our marketing efforts, relationships, and knowledge of today's businesses, is a winning strategy that our team uses to maximize returns for our clients.

Gary Martinez and Sara Mathis

This property is a 4,000 sq. ft. building with approximately 3,000 sq. ft. of fenced yard. The property owner is motivated to get this leased.

The property is located in La Habra and the asking rent is $3,680 per month.

Please call Gary Martinez (714) 680-5102, ext. #12, for additional information and touring instructions.

The real estate market is experiencing a lot of changes right now and the industrial market is no different.

Because of these uncertain times, credit less available, and fewer willing and able buyers, prices of industrial properties are starting to drop.

Right now is a good time for investors and owner-users to start talking to their commercial real estate broker for inside information on the market as attractive buying and leasing opportunities are consistently popping up.

For additional information and/or opportunities, please call Gary Martinez at (714) 680-5102 ext. #12.