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When it comes to leasing office space, law firms have specific needs that go far beyond square footage. Yet, time and time again, even well-established firms fall into the same traps — locking into inflexible terms, underestimating parking needs, or missing opportunities to offset build-out costs. These oversights often stem from relying on landlord agents…

Navigating the complexities of commercial lease agreements can be a daunting task for any tenant. Understanding crucial components of your lease, such as the expiration date and options to renew, is a must for making informed business decisions. By being aware of potential pitfalls and strategic opportunities, you can better manage your lease as a…

Tenants can expect their landlords’ annual Operating Expense Reconciliation (OPEX) and estimates to be forthcoming any moment. Operating Expenses are also referred to as Common Area Cost (CAM) in many leases. One of the most critical items in these statements is ensuring that the accurate Base Year is stated correctly. Base Year The Base Year…

In the wake of the pandemic, office landlords across the nation have faced numerous challenges, particularly in reclaiming occupancy levels that plummeted due to remote work and shifting work patterns. However, recent reports, such as one from Douglas Emmett, one of Los Angeles’ largest office landlords, highlight a new trend: smaller leases are making a…

The Office Rent Paradox: Why Rents Are Rising Despite Record Vacancy Rates The commercial real estate market is facing a paradox: office rents are increasing even with record-high vacancy rates. This situation has left many puzzled. How can rents rise amid so much empty space? The answer lies in historical patterns, tenant behavior, and evolving…

Getting Your Security Deposit Back in the Current Office Lease Market Security deposits are a standard part of commercial office leases. While landlords can withhold a portion for repairs or unpaid rent, most aim for a smooth handover and full refund. Here’s how to maximize your chances of getting your deposit back: Early Communication is…

Demystifying Operating Expenses and Common Area Maintenance in 2024 Commercial Leases Understanding your commercial lease goes beyond just rent. Two key terms that significantly impact your monthly costs are Operating Expenses (OPEX) and Common Area Maintenance (CAM). What’s the Difference?While often used interchangeably, there’s a subtle distinction: Is It Included in My Rent?Commercial leases are…

The 2024 Guide to Saving Money on Your Southern California Commercial LeaseThe commercial real estate landscape is constantly evolving, and in 2024, securing a favorable lease is more important than ever. Landlords negotiate deals every day, while most businesses only lease space every few years. This puts tenants at a disadvantage. Here’s how to level…

The Sale or Refinance Process and You When a commercial office building changes hands, tenants can be caught in the middle with a document called a “Tenant Estoppel Agreement.” Landlords often present these for signature with a tight deadline, but tenants shouldn’t feel pressured to sign without careful review.
 What is a Tenant Estoppel Certificate?…

Sheryl Mazirow, Founder and President of Mazirow Commercial, Inc., has been recognized by the San Fernando Valley Business Journal as one of the Top 200 Influential Real Estate Leaders in San Fernando Valley. This will be the fourth consecutive year Mazirow has been selected to the list. The ‘Valley 200’ is an annual list published…