Los Angeles Office Market News

Encon Commercial, Inc. specializes in office space leasing throughout Los Angeles County and the region’s most active business districts. From Downtown Los Angeles and Century City to Pasadena, Santa Monica, West Hollywood, and the Inland Empire, our team helps companies secure workspaces designed for both immediate needs and long-term growth. With demand for modern office space at historic levels across Los Angeles, we provide expert guidance and access to prime properties, often at below-market lease rates with flexible terms.

Whether your business requires a prestigious Class A office tower, a creative loft space, or a flex office/warehouse combo, Encon Commercial leverages deep local expertise to secure the right space in Southern California’s most competitive markets. Stay informed with the Encon Commercial news feed for updates on the latest office listings, market trends, sublease opportunities, and leasing activity across Los Angeles’ thriving office corridors and surrounding regions.

Encon News

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Encon Tenant Rep., Side by Side Results | Presented by: Encon Commercial

Published: August 8, 2019 @ 11:26 AM | View original

Case and point to use a Tenant Representative working exclusively for you, dedicated to your results.

A Current client approached established landlord for Class A space prior to contacting Encon Commercial to secure warehouse space in Los Angeles. Encon Commercial picked up the assignment thereafter. Two deals presented with equal space and equivalent landlords. Tenant Rep., beat Landlord rep., on all major economic points with real money savings and increasing our client’s bottom line. And, besides being a free service to the client, the sole objective is to win the space and save money for the tenant.

As always, we live that work with passion. Results negotiated were more free rent, lower rate and less security deposit, adding 2 + months of “Free rent equivalent” when all totalled. It is rare to see two deals side-by-side, but it is not rare for us to save our clients money across the board, and again, confirming why we focus on the tenant year in and year out.

Building Sold – Tenant Pays More | Presented by: Encon Commercial

Published: March 20, 2019 @ 02:27 PM | View original

Yes it is true that the building you rent may be sold without your knowledge by the landlord while you are occupying for a higher price, which results in a new landlord and an incease in YOUR expenses due to a higher annual taxable basis. Best case negotiate away any one time increase in taxes due to a sale.

Tenants’ Insurance Costs Up in California – Gone are Industry Standards | Presented by: Encon Commercial

Published: March 14, 2019 @ 11:44 AM | View original

Note for 2019, insurance requirements by landlords are on the rise, not just for the amount of coverage, often doubling and tripling, but also the addition of new coverage catagories designed to fully protect landlords’ assests at tenants’ expense; no end in sight and no industry standards to rely on!

Negotiate in advance. As always, check the requirements per the lease well before negotiating the final lease rate and know that a lower lease rate is the single most effective way to adjust the overall costs wherever one may find them in the lease. As John Scatoloni notes, “Be prepared to pay for more higher coverage as insurance becomes a barrier for businesses in leasing space”.

Contact Encon Commercial for more strategies to reduce and minimize additional costs in leasing commercial space.