AS SEEN IN AP NEWS (Click here to view on APNews.com) The Anvers Capital Partners team at Peak Commercial, is pleased to announce the listing of a prominent Bank of America office building located at 450 American Street in Simi Valley, California. The property presents a remarkable investment opportunity in a highly sought-after area of
Brick and mortar stores are here to stay, and they’re getting better than ever. As the retail industry evolves, retailers are finding new and innovative ways to stay relevant and thrive in today’s landscape. Let’s explore some of the exciting trends that are shaping the future of brick and mortar stores. Hybrid Retail Models Who
While commercial real estate markets are facing unprecedented challenges, demand for retail space isn’t abating. Sellers in multiple industries are seeking space as they prepare for the economy to stabilize and for spending to pick up in the next few years. Demand for office space is down overall, but developers with high-quality office space in
Los Angeles city and county officials have long been concerned about the health problems that could be caused by allowing developers to build residential housing within five hundred feet of a freeway. In 2019, the county’s public health department warned that the city should not allow housing, schools, or parks that could be used
Measure ULA, commonly known as the “Mansion Tax,” would impose a new “Homelessness and Housing Solutions Tax” on transfers of residential and commercial real property in Los Angeles valued in excess of $5 million. The new law is slated to come into effect on April 1, 2023. What does this mean for you? A tax of 4
Firms that need to purchase new land for industrial purposes are finding the options are few and expensive. This has led many companies to take drastic action that would have been unthinkable even a couple of years ago, including purchasing lots larger than currently needed and sub-letting the space until the firm is ready to use it.
The COVID-19 pandemic and ensuring lockdowns resulted in a whopping 15,500 stores closing in 2020 alone, and many predicted that brick and mortar businesses, in general, would not recover from the loss. Indeed, many stores have shut down for good, never to return. At the same time, as other experts note, the massive closures have actually helped the market bounce back faster than it may have otherwise. However, it looks like the r