San Clemente Market Update
Hello Everyone, Retail market rents in San Clemente are seeing positive trends in 2024. Average market asking rents for retail space in the region is around $3.41 per square foot/$435 market sale price per square foot, depending on location and property type, which has increased 3.8% from the prior year. Vacancy rates are currently at 13.9%, …
Read MoreRestaurants Dealing with Corona Along the Coast
Photo Caption: Forest Avenue in Laguna Beach converted to pedestrian promenade with outdoor seating areas. “So here we are months into a global pandemic, and although things feel more normal than they did in March/April, many businesses are feeling the impact of the Covid-19 virus. Restaurants in particular have been especially hit hard, with a …
Read MoreDebt & Structured Finance
Coastal Commercial has developed robust lender relationships for properties along the coast. Coastal properties are generally viewed as lender preferred assets. As such, we have been able to identify which lenders can provide the most competitive rates and terms for each given product type. Understanding lender underwriting standards, geographical preferences, and borrower criteria has enabled …
Read MoreConsulting & Advisory Services
Coastal Commercial offers a broad range of consulting and advisory services designed to give our clients the tools and information necessary to make fully informed real estate and business decisions. Our highly experienced professionals are deeply knowledgeable in the commercial real estate industry especially when it comes to the Southern California Coast. Each member of …
Read MoreInvestment Sales
Acquisition- If you are looking to purchase a commercial property along the Southern California coast, either as an owner-user or purely for an investment, Coastal Commercial takes a proactive approach to the acquisition for our clients. Over the past ten plus years we have been able to establish key relationships with owners along the coast. …
Read More1031 Exchange Facilitation
Our team has extensive experience assisting clients with 1031 exchanges. Like Kind Exchanges, also known as tax deferred exchanges, are defined by Internal Revenue Code (IRC) section 1031. A 1031 Tax Deferred Exchange offers taxpayers one of the last great opportunities to build wealth and save taxes. By completing a 1031 Exchange, the Taxpayer (“Exchanger”) …
Read MoreProperty Management
Coastal Commercial provides full-service property management for properties along the southern California coast. These services include but are not limited to: rent and billing collection, lease administration, tenant relations, vendor contracts and oversight, attention to regular and deferred maintenance, bookkeeping, accounting, monthly reporting, annual operating budgets, construction management, cash flow analysis, and exit strategies.
Read MoreLeasing
Tenant Representation: Through our local expertise of each coastal market, understanding of what makes tenants successful, and creative approach to find opportunities both on and off-market, our team can deliver results for tenants looking to make a home for their business along the southern California coast. We view tenant representation as a partnership to help …
Read MoreSeal Beach Coastal Closing
CBRE has brokered the off-market sale of a retail center in Seal Beach for $12 million in cash to a local 1031-exchange investor. Nathan Holthouser and James Lehigh of CBRE represented the buyer, Gary Sauter, in the transaction. The sellers, Rodi Properties and Zoeter Place, were represented by Sheri McCanless of NAI Capital. The property, …
Read MoreLaguna Beach Portfolio Coastal Closing
4G Ventures, a local real estate investor, acquired a five-property retail portfolio in Laguna Beach, CA from an undisclosed private seller for $32.9-million. The portfolio includes an eight-unit oceanfront luxury vacation rental property called Sunset Cove Villas, located at 683 Sleepy Hollow Lane, a mixed-use housing property at 775-793 Laguna Canyon, the Seven-Degrees event center …
Read MorePros and Cons of Acquiring a Diverse Portfolio
One shoe doesn’t fit all, and this type of purchase simply requires more knowledge and homework to have it add up, CBRE’s Nathan Holthouser tells GlobeSt.com following a recent diverse portfolio transaction. LAGUNA BEACH, CA—One shoe doesn’t fit all, and purchasing a diverse portfolio simply requires more knowledge and homework to have it add up, CBRE first VP Nathan Holthouser tells …
Read MoreCoastal Rent Growth Slows
Throughout the southern California coast there are iconic high-street retail locations. Everybody knows about Rodeo Drive in Beverly Hills, but what about the rest of the beach city storefront retail? Areas like the Gaslamp Quarter in San Diego, Highway 101 in Encinitas, Avenida Del Mar in San Clemente, Forest Avenue in Laguna Beach, Balboa Island in Newport …
Read MoreBelmont Shore Coastal Closing
The highly anticipated 2ND & PCH retail center celebrated its grand opening with city officials, developers and hundreds of residents in attendance on October 24. As of November 1, 19 stores have opened their doors, and dozens more are to follow. The more than 215,000-square-foot project in Southeast Long Beach comes after two decades of …
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Read MorePodcast on Commercial Real Estate Industry
Nathan Holthouser is one of the biggest and best commercial real estate agents in Orange County, CA and that’s why I was so stoked to get the opportunity to talk to him. We not only discussed how to break into the business of commercial real estate, but also how to start investing in commercial real …
Read MoreClam Jam Raises $8,500 with Coastal Commercial Team
The 3rd annual 7th St Party just keeps getting better and better! This year the party (better known as the 3rd Annual Clam Jam) raised over $8,500 for the Susan G. Komen Foundation. Thrown on the Saturday of Memorial Day Weekend, the party saw hundreds of attendees as the entire block of 7th and Oceanfront …
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