When you are operating out of three (3) locations which should be under one roof, efficiency can be hard to achieve and the added redundancies of management can prove frustrating. Therefore, looking for a suitable option to consolidate is almost always on the mind of business owners in this situation.
That was the case for Beads Factory, Inc., an operator in Downtown LA and Pomona, servicing their clients in Los Angeles and Orange County. They enlisted the services of Christopher Destino and his team at Lee & Associates to find them the right building to acquire. And that is just what he accomplished for them.
CLICK HERE TO READ MORE ABOUT THIS SUCCESS STORY AND GET DETAILS ON THE TRANSACTION.
For business owners faced with a multitude of decisions on a day to day basis, the prospect of not having to make an additional decision about real estate may be a welcoming thought. However, in the fast paced society in which we live and work, our real estate considerations cannot be postponed to once every 3, 5 or 7 years. Whether or not an immediate decision is required presently, we must be in tune with the market and the current dynamics on a regular basis so that we know what opportunities are available, what challenges may be coming, and how we, as business owners, can profit.
In this month’s issue of ‘Industrial Insight’ we want to look at 3 such items to be constantly aware of, regardless of whether or not you just signed a new lease, you have multiple years left on a lease, you just purchased a property, you have owned your property for many years with no plans to move, or if you are in another scenario.
Christopher J. Destino, SIOR, a Principal at Lee & Associates, is an engaging, responsive professional who enjoys working closely with his clients and helping them succeed.