When we first stepped in to manage a portfolio of Los Angeles shopping centers, the rent rolls looked like a game of roulette. Tenants were sending in random amounts whenever they felt like it—some had balances that had been sitting around since the pandemic. Owners weren’t seeing predictable income, and cash flow was strained. That’s […]
Case Studies
Case Study: How One Owner Profited by Remodeling During a Major Vacancy
The Challenge Architect and commercial property owner Eric Luk had a decision to make. His five-building commercial complex West Main Place Medical and Professional Plaza was about to lose a major tenant occupying roughly fifteen percent of the complex’s leasable units. In the face of major vacancy, he could either hit the panic button and […]