Spring Update Newsletter Article
Tenant Representation
Companies requiring office or industrial space across various property types—corporate headquarters, branch offices, manufacturing plants, and distribution centers—represent the firm's client base. This ranges from small operations to major public corporations.
2018 Q1 Success: An international diagnostic laboratory in Cypress, CA completed a 91,000 SF R&D facility lease. The company "renewed 22 months before our lease expiration date, reduced our rent 58%, secured $400,000 in free rent" and eliminated future roof maintenance obligations. Additional services included analyzing surrender obligations, managing relocation expenses, and evaluating build-to-suit alternatives.
Landlord Advisory
Property owners face complex management responsibilities including tenant relations, maintenance, property taxes, environmental compliance, and regulatory requirements. The firm serves inherited properties, third-party managed assets, and owner-occupied investments.
2018 Q1 Success: A high net worth family's property manager oversaw a 30,200 SF industrial property undergoing environmental remediation in Irvine, CA. The team "secured the ideal tenant to use the property purely for storage, one who is responsible for providing their own tenant improvements and with immediate occupancy." Ancillary support included vendor referrals and environmental consultation.
Capital Markets
Investors navigate yield compression, interest rate risk, lease expirations, and maturity dates across their portfolios.
Current Assignments: A multi-generational family is developing a 27-hole golf course property in Walnut, CA. Six off-market multi-tenant industrial opportunities are available across Southern California locations.
Contact: J.B. Smith | 949.790.3151 | jbsmith@leeirvine.com