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PERSPECTIVE

"If our company is cooperative with the Planning Department and tell them how much a delay will cost us, they will do us a favor and get the permit we need processed really fast!"

IN  MY EXPERIENCE:   Municipalities typically cannot consider the economic consequences to your company when processing a business license, occupancy permit, conditional use permit (C.U.P.), tenant improvement plans, etc. Knowing how individual cities treat businesses is an important contribution your broker can provide in the site selection process.

"I've purchased several houses, so I know what I'm doing when it comes to negotiating the lease for my business."

IN  MY EXPERIENCE:   Each year in Orange County alone there are billions of dollars in commercial real estate transactions. Your own transactions will likely incur obligations of tens of thousands to millions of dollars. Making things more complicated, most consumer protections in California apply to residential property, not commercial real estate. When you sign the lease and hand the landlord the check, you are obligated. There is no cooling off period in California, and you might have just inherited the last tenant's environmental “footprint.”

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