Improving Income at a 40,000 SF Gardena Property: Rents Up to 86%, CAM Up 133%
At a 12-tenant Gardena industrial property, GM Properties increased rents by up to 86% and CAM recoveries by 133% through consistent property management.
The Cost of Waiting: How to Reduce Vacancy Before a Lease Expires
Vacancy risk begins well before a tenant moves out. By tracking lease expirations early, evaluating renewals against current market conditions, and strategically investing in property improvements, commercial property owners can create more opportunities to retain quality tenants and reduce costly downtime.
Small Repairs, Major Consequences: The Real Cost of Deferred Maintenance
Deferred maintenance rarely stays small. Routine inspections, preventive maintenance, and long-term capital planning can help commercial property owners reduce costly surprises, address insurance requirements, and protect the value of their assets.
Why a Pre-Listing Phase I ESA Can Help Owners Protect Value and Avoid Surprises
When preparing to bring a commercial property to market, many owners assume a buyer will complete a Phase I Environmental Site Assessment (ESA) during escrow, particularly when financing is involved.
Portfolio Client Management: Key Considerations for Owners of Multiple Properties
Owners who expand beyond a single asset quickly find that portfolio management requires a higher level of coordination. Maintenance, reporting, and capital planning must be managed not just at the property level, but across the entire portfolio.
From Residential to Industrial: How a Multi-Stage 1031 Exchange Strengthened a Client’s Portfolio
For more than 30 years, a residential investor had entrusted GM Properties with the management of their Southern California portfolio. In late 2021, the client approached the firm for assistance with repositioning their holdings for greater stability and cash flow. This led to a multi-phase strategy that ultimately resulted in a full transition into industrial assets through two well-executed 1031 exchanges.
GM Properties Revitalized a Costa Mesa Office Condo Association
In 2010, a Commercial Owner’s Association engaged GM Properties to take over management of its 20-unit office condominium complex in Costa Mesa, CA. The change in management was the result of years of poor communication and unaddressed maintenance issues under a previous management company. The board sought a more responsive and knowledgeable firm with hands-on experience in commercial property operations.
The Hidden Risk of Using an IRA to Buy Real Estate: A $5.3M Case Study
When a longtime property management client approached GM Properties about purchasing a multi-tenant industrial property, using a self-directed IRA, the firm’s seasoned team stepped in to guide the investment from acquisition to exit. The client, a knowledgeable investor seeking to diversify away from stock market volatility, used a $1 million balance in his IRA to acquire a commercial property entirely in cash, complying with IRS rules through a third-party custodian.
Association Management—Why It’s Essential for Commercial Property Owners
Managing a commercial property that’s part of a condominium association or improvement district comes with responsibilities that go far beyond the physical building. Association boards are tasked with budgeting, vendor oversight, capital planning, legal compliance, and more—all while coordinating the interests of multiple owners. That’s where Association Management comes in.
Take Advantage of California Solar Incentives for Commercial Buildings
Updating a property with solar energy isn’t just about meeting corporate sustainability goals or long-term operational planning goals — it can also reduce operational costs, increase property value, and improve power reliability. With California offering various state-based incentives, property owners can take advantage of cost-saving programs to make solar installations more financially viable.