San Fernando Valley Commercial Real Estate Thinks Out Of The Box

 "It's all about timing and luck".  Being persistent and when you make the next call, you hope to find your nut which is probably going to be disguised as a white elephant.  The question becomes, how are you going to crack it so that makes economic sense to the next investor? 

Industrial buildings in the west valley with 60's construction were built to suite the infrastructure of that era.  As you can imagine, office laboratory build out, development and testing quarters, and unique mezzanine space with double doors that drop off from the second floor and not to mention the clear height that changes from 12' 16' 14' 10.5' 21'.

Functionality is key in bringing in the right tenant to occupy a building.  So how do we take a vacant concrete box erected in the 60's and bring it to functioning standards of today?  "Land value son", that's what I keep hearing.  Or can an investor think outside of the box and reinvent the way to look at these buildings keeping with functionality and return on investment?  How about from the tenant representative angle, can they conjure up some ideal and unique functioning work space for those archaic build outs to tenants from around the world? I'm sure they can.

Industrial Live-Work Spaces (Downtown LA Brewery -http://www.the-brewery.net/),

Time and money always determine all the answers.  With the choices tenants have these days, most are looking for the bread and butter tilt-up 18'+ clear height with dock high loading and plenty of parking. Fresh carpet and new paint seems to always grab the eye of those on looking tenants.  And when tenants look, investors see that too.

Thank goodness for challenging times, it brings the best ideas to the table for the rest to follow.