CT Realty Investors Sells Building and Senior Note Portfolio

I provide location advice to owners and occupants of industrial buildings in Southern California. I have had the pleaure to transact several deals with the CT Realty folks. The article below highlights some of their recent successes! You can read the entire article by clicking on the link below:

CT Realty Investors Sells Building and Senior Note Portfolio

Largest Buffalo Wild Wings opening in O.C. | wings, buffalo, largest - The Orange County Register

I provide location advice to owners and occupants of industrial buildings in Southern California. I also enjoy my networking group, SoCal BNI. Buffalo Wild Wings and SoCal BNI have a great relationship! Many chapters meet at these locations as well as many BNI trainings are conducted at the venues. If you have not had the pleasure of BWWs, check out their new location in Brea, California! You can read about the chain's latest store location by clicking on the link below:

Largest Buffalo Wild Wings opening in O.C. | wings, buffalo, largest - The Orange County Register

Double-digit gains seen for 3PLs in 2011 – DC Velocity

I provide location advice for owners and occupants of industrial buildings in Southern California. A recent article tracked the business increase in 3PLs and found the results quite promising. You can read the entire article by clicking on the link below:

Double-digit gains seen for 3PLs in 2011 – DC Velocity

Next Space Closes Angel Round for $625,000

Next Space Closes Angel Round for $625,000

I provide location advice for owners and occupants of industrial buildings in Southern California. I was intrigued by this article by Joseph Wise entitled, "Next Space Closes Angel Round for $625,000". This concept, called co working, is very popular in the densely populated cities in Europe and I wonder if it will catch on here? Someone is betting heavily that it will. The article is re printed below or you can click the link below to be directed to the article.

May 21, 2011
By Joseph Wise

So how ingenious is a business model that is centered around asking work at home types to pay for the the right to go to work? It’s smart enough to lure 625k of Angel round investment, that’s how much.

You heard that right. Professionals who have likely dreamed of telecommuting from the first day they ever stepped into the “real world” and who have somehow managed to fulfill that dream, are craving a central meeting place where they can gather with peers, collaborate creatively, give and receive advice, and generally act the way they would had they never achieved their work from home dream in the first place. And they are willing to pay for the privilege. The reason? It’s simple boredom.

Welcome to the life and times of the “Stir Crazy 300+”, as in there are 300-500 million people currently working from home, and for obvious reasons the number is growing all at a steady clip. Next Space’s idea is pretty simple: provide a place for these folks to go when they just can’t stand to look at the same four walls for a minute longer.

While many telecommuters find refuge in coffee houses across America and around the world (are you seeing familiar faces every time you hit Starbucks?), as working from home becomes more and more common, it seems the natural time to address some needs which the wireless Coffee Shops don’t address. At least that’s Next Space’s bet.

So why Next Space? Equipment for one thing. Not very convenient to pack up the laptop and head to Fedex/Kinkos every time you need to print, is it? Add to that wishlist redundant wireless, fax, conference room and you get the feel for what Next Space is selling.

The company has 3 locations throughout California and has recently reached 400 members (individuals and small businesses). Membership packages range from $150-$2500 based on the number of employees participating. The company intends to use the recent Angel round funding for expansion and targeting relationships with larger companies that can conceivably cut overhead by simply reducing square footage.

1800 E. Wilshire Boulevard, Santa Ana, California Virtual Tour

I provide location advice to owners and occupants of industrial buildings in Southern California. One of our owners, TA Realty has this beautiful corporate headquarters location available for lease or sale. The building is located within the Enterprize Zone and has great freeway access. Check it out!

Lee and Associates expands into South Carolina

I provide location advice to owners and occupants of industrial buildings in Southern California. Lee and Associate's expansion into South Carolina will increase our footprint in the southeast.

Lee & Associates has added Greenville-based Bentley Commercial LLC to its list of regional offices. Bentley Commercial principals Martha Flora, Kevin Bentley and Laurens Nicholson will join Randall Bentley in the new Lee & Associates office.

The firm now has 43 offices nationwide and said it plans to open in additional markets through 2011. Most recently, the firm established offices in Indianapolis last fall and in Kansas City last month.

"Greenville has a population of 1.3 million and growing, has been established as a hub for many important industries, and is a valuable access artery to and from the Port of Charleston," noted Edward J. Indvik, chairman of the Lee Advisory Board and vice chairman of Lee & Associates Investment Services Group. "These factors make the Greenville office an invaluable complement to our Atlanta office and will allow us to continue our expansion in the Carolinas, Florida, Georgia and the rest of the Southeast."

Randall Bentley formed Bentley Commercial in 2005. His real estate experience began as the owner and manager of his own Century 21 affiliate office for 10 years. He then joined a local commercial real estate firm specializing in industrial properties, and prior to forming Bentley Commercial he joined NAI Earle Furman, eventually becoming the company’s chief operating officer.

Behind Chevron's feel-good, misleading ad campaign

I provide location advice to owners and occupants of industrial buildings in Southern California.

Much has been made of the large oil companies, the taxes they pay (or don't), and the amount of re-investment in our economy. This article from the Los Angeles Times takes a look at the claims and disputes some of the ad slogans.

You can read the entire article by clicking the link below:

Behind Chevron's feel-good, misleading ad campaign

Mandated wage hikes hurt low-wage workers - Opinion - The Orange County Register

I provide location advice for owners and occupants of industrial buildings in Southern California. Jerry Schumacher provides some editorial perspective on how minimum wage hikes as contemplated by California AB 10 will actually hurt small business.

According to Mr. Schumacher...

"I started U.S. Technical, a small business located in Fullerton 17 years ago. We currently employ over 20 people prior to 2010 we were at 38 employees. I know how an increase in the minimum wage impacts an employer. If labor costs increase, and continue to increase, then employers will have to recalibrate their labor costs and their budgets and try and stay competitive with not only the rest of the national market but in the world market."

You can read the entire article by clicking on the link below.

Mandated wage hikes hurt low-wage workers - Opinion - The Orange County Register

Editorial: Keeping profit overseas to keep it at all - Opinion - The Orange County Register

I provide location advice to owners and occupants of industrial buildings in Southern California.

In a recent article by the Orange County Register, the tax impact of corporate relocation was examined and the findings noted.

We have made the case for years that when taxes are raised on corporations, there are predictable consequences:

First, companies pass on added costs to customers, who actually pay the bill in higher prices.

Second, increased taxes create incentives for companies to minimize what they pay. They might economize on operating expenses, and risk losing customers. They might lobby politicians for new tax "loopholes" to keep what otherwise would be lost in higher taxes, but that risks public backlash.

And, as the Register story pointed out, businesses will shop for more tax-friendly venues. High California taxes drive businesses out of state. High U.S. taxes drive them overseas.

You can read the entire article by clicking on the link below:

Editorial: Keeping profit overseas to keep it at all - Opinion - The Orange County Register

How to make your building stand out when selling or leasing | Smart Business

I provide location advice to owners and occupants of industrial buildings in Southern California. Here are three great tips to follow before placing your building on the market. You can read the entire article by clicking on the link below:

How to make your building stand out when selling or leasing Smart Business