Options for Commercial Landlords as Tenants Struggle to Pay Rent

The manner in which we live and conduct our day to day business has been drastically altered by the COVID-19 pandemic. The economic repercussions we face as we social distance to prioritize everyone’s health and safety will be profound. Particularly with the state-mandated shutdown of non-essential businesses. A recent Chamber of Commerce survey concluded that […]

Will Force Majeure Clauses Apply During the Coronavirus (COVID-19) Pandemic?

A lease agreement’s force majeure provision can do any of the following. It could excuse contractual obligations in their entirety if they can’t be met due to a force majeure event. It could delay or defer said obligations until the conclusion of that specific force majeure event. And, in extreme instances, it can allow for […]

Who Pays for Tenant Improvements?

While we are not legal experts, and advise anyone negotiating a lease to seek legal counsel, as commercial builders – we’ve completed our fair share of tenant improvements. If improvements are needed to turn a space you’d like to lease into a space you can actually use, here are some things to know going into […]

Why Employers Are Downsizing Office Space Square Footage

Millennials are reshaping modern workplaces. In fact, they’ve ushered in a boom for tenant improvement projects in the Los Angeles area. Modern office spaces are opening up. They’re resembling co-work spaces or coffee shops more than yesterday’s traditional office. Big desks and row after row of filing cabinets are gone. Replaced by communal work bars, […]

WARNING: Not All Office Tenant Transfers Require Landlord Consent

In most office lease agreements, landlord consent is required for tenant transfers such as subleasing or assignments. There are a few exceptions where it might not be. One is “Permitted Transfers.” This is where a tenant can sell their business, bring on another business partner, or sublease the space to an affiliated entity without landlord […]

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H.W. Holmes Inc. remains open and ready to serve 24/7

We recognize that heightened diligence and focus on health and safety is required during these challenging times. Our employees are following CDC's recommendations for cleaning and disinfecting surfaces and maintaining hand hygiene. The health and the safety of our employees and customers is always our highest priority.