As the economy gradually returns to post-COVID normality, office space is picking up in Orange County, though vacancy levels and rent growth have yet to return to 2019 levels.
You love the office space you are in, and you may have put in a lot of effort to get things to be exactly how you want. Why wait until that dreaded time approaches when you might be looking at higher rent - the end of the lease period? What can you do now?
The COVID-19 Pandemic has had a significant impact on everyone from all walks of life. For the homeless, some of our most vulnerable people in the community - the pandemic has magnified core issues like access to quality shelter, food, and medical care. In this context, Mercy House, one of Orange County’s largest homeless housing and service providers, saw a pressing need to expand its operations: Mercy House’s support was needed more than ever.
If you are an investor looking to purchase commercial property or an owner looking to sell, you're likely wondering what 2022 has in store for you. Most of the experts are telling us that recovery is on track. While the threat of Covid-19 still looming large, as indicated by the rise in cases globally from the Omicron variant in December 2021, there is still good news for commercial real estate (CRE).
Moving offices is sometimes a necessary choice you may have to make to keep up with the growing needs of your business. It is not an easy task though. There are quite a few logistical challenges that you need to overcome to move successfully, but the most critical bit is finding the right space.