Ownership: Three Family Living Trusts formed a LLC as an investment vehicle in new technologies and related investments.
Issues: The principals live in two counties separated by miles of the LA basin freeway system. Normally real estate location issues are easily solved by proximity to the lead principals’ residence. They had reasonable expectations regarding a budget and growth. Freeway location was key.
Recommendations: A thorough search was conducted covering both counties, starting at the two most distant principals homes.
Result: A location directly in the middle was identified and space secured. The space consisted of three suites that had been previously occupied by different tenants. A complete redesign of the space was needed. Furniture and phones were identified, purchased and installed. Together with a newly hired staff member’s assistance, the supervision of the tenant improvements was completed on time and under budget.
Conclusion: After less than twelve months the company expanded and has settled into the space.
Services Provided: Haskell Properties provided brokerage services, furniture acquisition, and construction management. Compensation was both a brokerage fee and a negotiated consulting fee.
Issues: The principals live in two counties separated by miles of the LA basin freeway system. Normally real estate location issues are easily solved by proximity to the lead principals’ residence. They had reasonable expectations regarding a budget and growth. Freeway location was key.
Recommendations: A thorough search was conducted covering both counties, starting at the two most distant principals homes.
Result: A location directly in the middle was identified and space secured. The space consisted of three suites that had been previously occupied by different tenants. A complete redesign of the space was needed. Furniture and phones were identified, purchased and installed. Together with a newly hired staff member’s assistance, the supervision of the tenant improvements was completed on time and under budget.
Conclusion: After less than twelve months the company expanded and has settled into the space.
Services Provided: Haskell Properties provided brokerage services, furniture acquisition, and construction management. Compensation was both a brokerage fee and a negotiated consulting fee.