Newsletter 010 – Mueller Commercial

US OFFICE LEASING REVERSES COURSE AFTER MONTHS OF DECLINES

U.S. office leasing activity ticked up in the first quarter after dropping in the second half of 2022, powered by a tenant preference for smaller spaces.Read More…

HERE’S AN EARLY LOOK AT HOW THE NEW LOS ANGELES MANSION TAX AFFECTS PROPERTY SALES

The sale of two relatively small Los Angeles commercial properties is generating buzz among real estate professionals for the transaction’s novelty: the deal was among the first to trade hands under the city’s new mansion tax.

AIRBNB, PROFITING ON TOURISM BOOM, FOCUSES ON URBAN AREAS LONG SERVED BY HOTELS

Home-Sharing Company To Ramp Up Investments to Lure More Hosts, Multifamily Landlords. Airbnb said it’s benefiting from both a return to pre-pandemic travel trends and the adoption of new behaviors, resulting in a growth spurt for the home-sharing giant.

GEN Z WORKERS FEEL OVERWORKED AND UNDERPAID — BUT THAT’S ONLY PART OF THE PROBLEM

NEW RETAIL DEVELOPMENT PROPOSED IN LINCOLN

HVS REPORT – IMPACT OF RECENT INTEREST RATE INCREASES ON COMMERCIAL REAL ESTATE TRANSACTIONS AND PRICING – BY LUIGI MAJOR

Rising interest rates are affecting the transaction market; however, hotels remain an attractive asset class due to improving operational fundamentals and higher returns.

SUPERCARS OFFICIALS VISITING TAUPO

Taupo International Motorsport Park is emerging as the favourite to host Supercars’ return to New Zealand with category officials visiting the circuit today.

Commercial Real Estate transactions are like a work of art. It takes a keen eye and an artistic touch to complete a deal. Talk to us about your pallet of opportunity.

1827 J Street

Region: Midtown Sacramento
Use: Retail/Restaurant
Lease or Sale: Lease
Sq Ft: 840 – 5,200
Lease Rate: $3.25 – $4.00 NNN

901 K St

Region: Downtown
Use: Retail
Lease or Sale: Lease
Sq Ft: 2,400
Lease Rate: $2.00 NNN

1321-1337 Howe Ave welcomes two new tenants to the center. Consumer Self Help Center and The Honey Throne Aesthetics are taking a combined 3,521 square feet of space within the Urban Oasis Center. Dan Mueller and Cameron Freelove worked on the transaction.