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Amador County, east of Sacramento County, apparently caught an epiphany of economic development this week. The Board of Supervisors unanimously voted to eliminate 100% of the County Facilities Fees of $7,757 and $3,300 of the $4,300 Parks and Recreation fees for all applications received from June 1, 2008 through October 31, 2008.
According to Priscella Moranga, […]

The CBRE Market View report for the first quarter of 2008 was for the most part a pleasant surprise. Here are some of the highlights.

While vacancy is still up 1.1% from 2007 at 7.2%, it began a trend downward in the first quarter.
The only areas in where the vacancy exceeds 7.2% are Carmichael, Greenhaven, Rancho […]

Which is better? Here are some key factors to consider, and the conclusion may surprise you.

Pick Up Stix, a San Clemente,CA based chain of fast casual Asian restaurants, has shuttered 26 stores in Northern California, Nevada, and Arizona as of January 15, 2008. Apparently there was no notice given to the local employees, according to the buzz on Elk Grove, CA based Elk Grove Online (requires registration).
“We have made the […]

Higher Sales Volume and Costs Justify Higher Rent for a Freestanding Drive-Thru As Opposed to a Strip Center Endcap or Inline Shop Space–But How Much Higher?
From Lyle in Illinois
Q :We are looking to open our first fast food franchise location. We have found a location which is an ex-fast food location with existing drive through […]

Finding tenants for strip malls is a challenge because we often don’t know who they are, where they are, and their expansion plans. Here are 5 ways to find ‘em!

If your franchisor doesn’t have a good income and expense model, or if you’re on your own and you need to estimate the most rent your can pay, here’s a quick calculation for you. From Ask The Strip Mall Insider…

The national consumption tax, as proposed by Ron Paul and others, may not be a positive for income producing real estate developers.

Commercial leases usually provide for rent increases, often in the form of a cost of living increase per the Consumer Price Index. Attorney David Durrett, through case study examples and citations, presents a compelling case against the CPU clause and suggest that pre-determined rent increases can save the landlord money and provide predictable base rent charges to the strip mall tenant.

While blogging is still in its infancy for most traditional businesses, there are certain sectors that can benefit greatly from maintaining a blog or interactive web presence. These sectors include professionals, consultants, and yes…..strip mall retailers. Micromarketing is coming on strong, Find Out Why