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Archive for April 2013

Living in Sacramento, its easy to take for granted that we actually reside in the State Capitol of California, which represents the 9th largest economy in the entire world.  At times, a healthy reminder is in order to draw attention to this remarkable privilege that we all share.  Important matters are considered and decided every day inside the venerable halls of the State Capitol.  We are certainly fortunate to now have our very own local correspondent, Christopher Arns (Sacramento Business Journal), who has already written over 40 stories covering legislative activities surrounding the State Capitol since January.  

It is incumbent upon citizens to communicate with legislators to ensure their voices are heard.  It is within this context I participated last week in the 4th Annual Legislative Summit at the State Capitol, hosted by the California Asian Chamber of Commerce.  Pat Fong Kushida (President & CEO of the CalAsian Chamber) led four teams who met with over 40 legislative offices to discuss pro-business issues including workforce development, taxation, economic development, and regulatory reform.  It was a terrific day with open dialogue and a distinct willingness to come together.

California State Senator Jim Nielsen (third from left) with CalAsian Chamber lobby team

One such meeting took place with Senator Jim Nielsen (see picture above), where team representatives connected on a personal level, sharing concerns and ideas for improvement in various areas.  This scene repeated itself many times throughout the day as we walked the halls, transitioning from one meeting to the next.  In a fitting culmination of events, the CalAsian Chamber lobby teams capped off the evening with a tasteful reception with dozens of legislators and staffers, along with community and business leaders.

 

The CalAsian Chamber’s mission is to grow and empower the Asian Pacific Islander (API) business community throughout California.  It represents the interests of nearly 600,000 API owned businesses in the State of California. Within the Sacramento region, there exists a significant API concentration in the Little Saigon area along Stockton Blvd, which is a two-mile stretch bounded by Fruitridge Road (on the north) and 65th Street (on the south).  Two business and community leaders, who have invested heavily in this area, include Terre Johnson (Executive Director / Stockton Blvd Partnership) and Mai Nguyen (President / Greater Sacramento Vietnamese American Chamber of Commerce).  Both of these effective leaders are dedicated to improving the economic vitality of the API community within South Sacramento.  Johnson has even hosted local meetings with potential investors from the city of Anhui, China, who have considered potential projects along the Stockton Blvd corridor.  

Andy Wong, Gordon Hinkle, Brian Jacks

On a related note, the CalAsian Chamber is hosting a delegation of 20 business and community leaders, including some legislators for the 2013 China International Trade Mission & Expo next month to the cities of Shanghai, Kunshan, and Beijing. A few of those attending are identified in the picture to the right and include Andy Wong (Board Chair, CalAsian Chamber / Business Banking President, Northern California Division, Wells Fargo Bank), Gordon Hinkle (Director of Public Policy & Communications, CalAsian Chamber), and Brian Jacks (Regional Vice President, East West Commercial Real Estate).  It’s certain to be a terrific opportunity to connect with future business opportunities both home and abroad. However, closer to home, the Little Saigon area of Sacramento is already starting to see some signs of revival, if even only in the form of small bamboo shoots.  For example, an automotive / smog shop (former Jiffy Lube) located at 5736 Stockton Blvd (just south of Fruitridge Road) finally sold last week through short sale after a full year long process.  This API business owner / investor intends to re-open quickly and become a vital part of the local business community.

Article contributed by Brian Jacks

Brian Jacks is a Sacramento commercial real estate broker (since 1996) specializing in commercial leasing and investment sale transactions for retail, shopping centers, multifamily, apartments, senior housing, office, industrial, mixed-use, and special purpose properties.  Having spent over 20 years with Wells Fargo, he personally facilitated the underwriting, approval and funding of almost 250 commercial real estate loans totaling over $1 billion in proceeds.

Jacks is a Regional Vice President for EAST WEST Commercial Real Estate, a full service commercial real estate brokerage advisor based in Orange County.  In addition to serving the Sacramento marketplace, he is also responsible for the company’s current expansion into the San Francisco Bay Area.  For more information, contact:

Brian.Jacks@EastWestCommercial.com
Cell (916) 837-3456 | eFax (916) 313-3778
915 L Street, Suite C440, Sacramento, CA 95814


Broker Lic. #01217349

About EAST WEST Commercial Real Estate

EAST WEST Commercial Real Estate is a full service commercial real estate brokerage advisor specializing in investment sales, commercial leasing and finance for retail, office, industrial multifamily, senior housing, self-storage, mixed-use and special purpose properties throughout California, Nevada, and Arizona.  The firm is headquartered in Orange County, CA.  Brokerage offices include Sacramento, San Francisco, Walnut Creek, San Jose, Oakland, Los Angeles, San Diego, Orange County, Riverside, San Bernardino, Reno, Phoenix and Flagstaff.  Other services include bank REOs, 1031 exchanges, nationwide commercial Business Opinions of Value (BOV’s) and Broker Price Opinions (BPO’s), mortgage brokerage, lender services, and asset management.

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Los Angeles Triplex Investment Property

3 Units consisting of a 4BD/2BA House in Rear of Property and a Duplex each consisting of 1BD/1BA.
Great investment opportunity. Motivated Seller!
Close proximity to the 5 and 110 Freeways.
Seller Financing Available
Building Size: 2,604 SF
Cap Rate: 6%
100% Occupancy
7.4% Cash on Cash Return

For more information on this listing or our other listings located in Los Angeles, please contact:

Brittany Duhs: (949) 573-3105 or Brittany.Duhs@EastWestCommercial.com

Michael Duhs: (949) 939-8352 or Michael.Duhs@EastWestCommercial.com

 

The information contained herein has been obtained from sources we deem reliable. While we have no reason to doubt its accuracy, we do not guarantee it. Buyer to conduct its own due diligence.

About EAST WEST Commercial Real Estate

EAST WEST Commercial Real Estate is a full service commercial real estate brokerage advisor specializing in investment sales, commercial leasing and finance for retail, office, industrial multifamily, senior housing, self-storage, mixed-use and special purpose properties throughout California and Arizona.  The firm is headquartered in Orange County, CA.  Brokerage offices include Sacramento, San Francisco, Walnut Creek, San Jose, Oakland, Los Angeles, San Diego, Orange County, Riverside, San Bernardino, Phoenix, Flagstaff, and Reno.  Other services include bank REOs, 1031 exchanges, nationwide commercial Business Opinions of Value (BOV’s) and Broker Price Opinions (BPO’s), mortgage brokerage, lender services, and asset management.

Visit Our Websites

http://www.EastWestCommercial.com
http://www.EastWestCaptialAdvisors.com
http://www.CommercialBrokerPriceOpinion.com

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SELLER FINANCING AVAILABLE
100% occupied.
3 Units consisting of a 4BD/2BA House in Rear of Property and a Duplex each consisting of 1BD/1BA.
Great investment opportunity. Motivated Seller!

Close proximity to the 5 and 110 Freeways. Property is located just North of Downtown Los Angeles and Dodger’s Stadium.

For more information on this listing or our other listings located in Los Angeles, please contact:

Brittany Duhs: (949) 573-3105 or Brittany.Duhs@EastWestCommercial.com

Michael Duhs: (949) 939-8352 or Michael.Duhs@EastWestCommercial.com

 

The information contained herein has been obtained from sources we deem reliable. While we have no reason to doubt its accuracy, we do not guarantee it. Buyer to conduct its own due diligence.

About EAST WEST Commercial Real Estate

EAST WEST Commercial Real Estate is a full service commercial real estate brokerage advisor specializing in investment sales, commercial leasing and finance for retail, office, industrial multifamily, senior housing, self-storage, mixed-use and special purpose properties throughout California and Arizona.  The firm is headquartered in Orange County, CA.  Brokerage offices include Sacramento, San Francisco, Walnut Creek, San Jose, Oakland, Los Angeles, San Diego, Orange County, Riverside, San Bernardino, Phoenix, Flagstaff, and Reno.  Other services include bank REOs, 1031 exchanges, nationwide commercial Business Opinions of Value (BOV’s) and Broker Price Opinions (BPO’s), mortgage brokerage, lender services, and asset management.

Visit Our Websites

http://www.EastWestCommercial.com
http://www.EastWestCaptialAdvisors.com
http://www.CommercialBrokerPriceOpinion.com

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Some very exciting youth activities being hosted by Jackson Sports Academy… check out this news story by Good Day Sacramento with former Sacramento Kings player Harold Pressley conducting a Presidential Fitness & Nutrition Program. We’re getting ready to triple the size of this sports complex to include indoor basketball and soccer too at McClellan Business Park!

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Unit Mix – 1: 3BD/1BA, 1: 2BD/2BA, 5: 1BD/1BA. Total: 10BD/7BA. Rents are at market and the property is well maintained in the path of Riverside’s redevelopment. Great investment opportunity. Motivated Seller!
Close proximity to the 91 and 215 Freeways. Minuets away from the historic Mission Inn and downtown Riverside.

For more information on this listing or our other listings located in the Inland Empire, please contact:

Brittany Duhs: (949) 573-3105 or Brittany.Duhs@EastWestCommercial.com

Michael Duhs: (949) 939-8352 or Michael.Duhs@EastWestCommercial.com

 

The information contained herein has been obtained from sources we deem reliable. While we have no reason to doubt its accuracy, we do not guarantee it. Buyer to conduct its own due diligence.

About EAST WEST Commercial Real Estate

EAST WEST Commercial Real Estate is a full service commercial real estate brokerage advisor specializing in investment sales, commercial leasing and finance for retail, office, industrial multifamily, senior housing, self-storage, mixed-use and special purpose properties throughout California and Arizona.  The firm is headquartered in Orange County, CA.  Brokerage offices include Sacramento, San Francisco, Walnut Creek, San Jose, Oakland, Los Angeles, San Diego, Orange County, Riverside, San Bernardino, Phoenix, Flagstaff, and Reno.  Other services include bank REOs, 1031 exchanges, nationwide commercial Business Opinions of Value (BOV’s) and Broker Price Opinions (BPO’s), mortgage brokerage, lender services, and asset management.

Visit Our Websites

http://www.EastWestCommercial.com
http://www.EastWestCaptialAdvisors.com
http://www.CommercialBrokerPriceOpinion.com

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Quadruplex Investment Property
100% Historical Occupancy
Historically Significant Site – Lummis House
Stable Well Located Property
SELLER FINANCING AVAILABLE
Building Size: 3,616 SF
Cap Rate: 6.25%
NOI: $42,721
Unit Mix
1: 3BD/2BA, 2: 2BD/2BA, 1: 2BD/1BA.
Total: 9BD/1BA.
Great investment opportunity. Motivated Seller!
Close proximity to the 5 and 110 Freeways.

For more information on this listing or our other listings located in Los Angeles, please contact:

Brittany Duhs: (949) 573-3105 or Brittany.Duhs@EastWestCommercial.com

Michael Duhs: (949) 939-8352 or Michael.Duhs@EastWestCommercial.com

 

The information contained herein has been obtained from sources we deem reliable. While we have no reason to doubt its accuracy, we do not guarantee it. Buyer to conduct its own due diligence.

About EAST WEST Commercial Real Estate

EAST WEST Commercial Real Estate is a full service commercial real estate brokerage advisor specializing in investment sales, commercial leasing and finance for retail, office, industrial multifamily, senior housing, self-storage, mixed-use and special purpose properties throughout California and Arizona.  The firm is headquartered in Orange County, CA.  Brokerage offices include Sacramento, San Francisco, Walnut Creek, San Jose, Oakland, Los Angeles, San Diego, Orange County, Riverside, San Bernardino, Phoenix, Flagstaff, and Reno.  Other services include bank REOs, 1031 exchanges, nationwide commercial Business Opinions of Value (BOV’s) and Broker Price Opinions (BPO’s), mortgage brokerage, lender services, and asset management.

Visit Our Websites

http://www.EastWestCommercial.com
http://www.EastWestCaptialAdvisors.com
http://www.CommercialBrokerPriceOpinion.com

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This one of a kind industrial property in Colton, California sits on a double lot with over 22,400 square feet of industrial and office space. Priced to sell, this industrial property for sale in Colton has 14 parking spaces and multiple buildings. This property has a unique advantage in that it is located within the Agua Mansa Enterprise Zone which offers business owners incredible owner employee hiring tax credits, low interest revolving loan fund, business expense deduction, and other tax benefits. Click here to find out all the benefits of owning property in the Agua Mansa Enterprise Zone. The property is completely fenced offering extra security for the property. Adjacent to the main railroad tracks, this Colton industrial property is the prime location for one or two businesses. Recent upgrades to the facility make this industrial property for sale in the Inland Empire a great investment property. The seller is extremely motivated! Close proximity to the 10, 15, and 215 Freeways. Main cross streets are N. La Cadera and W Valley Blvd.

 

For more information on this listing or our other listings located in the Inland Empire, please contact:

Brittany Duhs: (949) 573-3105 or Brittany.Duhs@EastWestCommercial.com

Michael Duhs: (949) 939-8352 or Michael.Duhs@EastWestCommercial.com

 

The information contained herein has been obtained from sources we deem reliable. While we have no reason to doubt its accuracy, we do not guarantee it. Buyer to conduct its own due diligence.

About EAST WEST Commercial Real Estate

EAST WEST Commercial Real Estate is a full service commercial real estate brokerage advisor specializing in investment sales, commercial leasing and finance for retail, office, industrial multifamily, senior housing, self-storage, mixed-use and special purpose properties throughout California and Arizona.  The firm is headquartered in Orange County, CA.  Brokerage offices include Sacramento, San Francisco, Walnut Creek, San Jose, Oakland, Los Angeles, San Diego, Orange County, Riverside, San Bernardino, Phoenix, Flagstaff, and Reno.  Other services include bank REOs, 1031 exchanges, nationwide commercial Business Opinions of Value (BOV’s) and Broker Price Opinions (BPO’s), mortgage brokerage, lender services, and asset management.

Visit Our Websites

http://www.EastWestCommercial.com
http://www.EastWestCaptialAdvisors.com
http://www.CommercialBrokerPriceOpinion.com

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Local Sacramento food truck operator, Andrew Blaskovich (aka “Drewski”), has been on the Sacramento scene for over two years now, serving up gourmet sandwiches to hungry crowds.  With well over 13,000 Twitter and Facebook followers, he is most certainly a force to be reckoned with and has been recognized by Food Network as one of the Top 10 food truck operators in America.  Drewski’s has received rave reviews in local print and media and is currently ranked #1 on the KCRA “A” List.

Click Here to Read More!

Article contributed by Brian Jacks

Brian Jacks is a Sacramento commercial real estate broker (since 1996) specializing in commercial leasing and investment sale transactions for retail, shopping centers, multifamily, apartments, senior housing, office, industrial, mixed-use, and special purpose properties.  Having spent over 20 years with Wells Fargo, he personally facilitated the underwriting, approval and funding of almost 250 commercial real estate loans totaling over $1 billion in proceeds.

Jacks is a Regional Vice President for EAST WEST Commercial Real Estate, a full service commercial real estate brokerage advisor based in Orange County.  In addition to serving the Sacramento marketplace, he is also responsible for the company’s current expansion into the San Francisco Bay Area.  For more information, contact:

Brian.Jacks@EastWestCommercial.com
Cell (916) 837-3456 | eFax (916) 313-3778
915 L Street, Suite C440, Sacramento, CA 95814


Broker Lic. #01217349

About EAST WEST Commercial Real Estate

EAST WEST Commercial Real Estate is a full service commercial real estate brokerage advisor specializing in investment sales, commercial leasing and finance for retail, office, industrial multifamily, senior housing, self-storage, mixed-use and special purpose properties throughout California, Nevada, and Arizona.  The firm is headquartered in Orange County, CA.  Brokerage offices include Sacramento, San Francisco, Walnut Creek, San Jose, Oakland, Los Angeles, San Diego, Orange County, Riverside, San Bernardino, Reno, Phoenix and Flagstaff.  Other services include bank REOs, 1031 exchanges, nationwide commercial Business Opinions of Value (BOV’s) and Broker Price Opinions (BPO’s), mortgage brokerage, lender services, and asset management.

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Comstock’s Magazine published a terrific article in this month’s edition discussing the need for Sacramento commercial property landlords to relax long-standing tenant requirements for attracting startup tech companies that desperately need space to foster innovation. The article explains how Hacker Lab, a non-profit technology incubator, recently expanded its commercial space by more than 10x by relocating to a Midtown Sacramento office / warehouse building that lends itself to creative work space. Click here to read more!

Article contributed by Brian Jacks

Brian Jacks is a Sacramento commercial real estate broker (since 1996) specializing in commercial leasing and investment sale transactions for retail, shopping centers, multifamily, apartments, senior housing, office, industrial, mixed-use, and special purpose properties.  Having spent over 20 years with Wells Fargo, he personally facilitated the underwriting, approval and funding of almost 250 commercial real estate loans totaling over $1 billion in proceeds.

Jacks is a Regional Vice President for EAST WEST Commercial Real Estate, a full service commercial real estate brokerage advisor based in Orange County.  In addition to serving the Sacramento marketplace, he is also responsible for the company’s current expansion into the San Francisco Bay Area.  For more information, contact:

Brian.Jacks@EastWestCommercial.com
Cell (916) 837-3456 | eFax (916) 313-3778
915 L Street, Suite C440, Sacramento, CA 95814


Broker Lic. #01217349

About EAST WEST Commercial Real Estate

EAST WEST Commercial Real Estate is a full service commercial real estate brokerage advisor specializing in investment sales, commercial leasing and finance for retail, office, industrial multifamily, senior housing, self-storage, mixed-use and special purpose properties throughout California, Nevada, and Arizona.  The firm is headquartered in Orange County, CA.  Brokerage offices include Sacramento, San Francisco, Walnut Creek, San Jose, Oakland, Los Angeles, San Diego, Orange County, Riverside, San Bernardino, Reno, Phoenix and Flagstaff.  Other services include bank REOs, 1031 exchanges, nationwide commercial Business Opinions of Value (BOV’s) and Broker Price Opinions (BPO’s), mortgage brokerage, lender services, and asset management.

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This 1.25 acre site was a previous furniture manufacturing company with 2 metal buildings, covered storage units, trailer parking, and 2 large parking lots. Property is on 2 parcels and can accommodate two separate businesses. Rail crossing at adjacent property. Offices plus large warehouse space. Multiple roll-up doors. Property is fenced. Motivated seller! Located in the Agua Mesa Enterprise Zone giving owner employee hiring tax credits, low interest revolving loan fund, business expense deduction, and other tax benefits. Click here to view: http://www.ci.colton.ca.us/RDA_Images/Agua Mansa Enterprise Zone Information.PDF

 

Close proximity to the 10, 15, and 215 Freeways. Main cross streets are N. La Cadera and W Valley Blvd.

The information contained herein has been obtained from sources we deem reliable. While we have no reason to doubt its accuracy, we do not guarantee it. Buyer to conduct its own due diligence.

by Brittany & Michael Duhs of East West Commercial Real Estate; San Bernardino Commercial Real Estate for Sale, San Bernardino Commercial Real Estate for Sale, Commercial Real Estate Broker
For more information, contact:

Brittany Duhs at (949) 573-3105 or Brittany.Duhs@EastWestCommercial.com

Michael Duhs at (949) 939-8352 or Michael.Duhs@EastWestCommercial.com

About EAST WEST Commercial Real Estate

EAST WEST Commercial Real Estate is a full service commercial real estate brokerage advisor specializing in investment sales, commercial leasing and finance for retail, office, industrial multifamily, senior housing, self-storage, mixed-use and special purpose properties throughout California and Arizona.  The firm is headquartered in Orange County, CA.  Brokerage offices include Sacramento, San Francisco, Walnut Creek, San Jose, Oakland, Los Angeles, San Diego, Orange County, Riverside, San Bernardino, Phoenix, Flagstaff, and Reno.  Other services include bank REOs, 1031 exchanges, nationwide commercial Business Opinions of Value (BOV’s) and Broker Price Opinions (BPO’s), mortgage brokerage, lender services, and asset management.

Visit Our Websites

http://www.EastWestCommercial.com
http://www.EastWestCaptialAdvisors.com
http://www.CommercialBrokerPriceOpinion.com

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