Howard Tsang at MGR Real Estate

08/01/2024

Great street facing retail storefront available for lease. Centrally located in the City of Rosemead on Valley Blvd just east of Rosemead Blvd. Ideal for Attorney, Insurance Agent, Escrow, Accounting or CPA, Retail, Gift Store, small start up business, etc. Landlord is motivated so lets talk.

A well located retail/office space in the Central Business District of Rosemead. The storefront is located on Valley Blvd just east of Rosemead Blvd with many allowed uses. This is a great spot with...

06/21/2022

Cities in the Inland Empire begin enacting moratoriums on industrial warehouses with concerns over traffic and air pollution.

INLAND EMPIRE CITIES ENACTING MORATORIUM ON NEW INDUSTRIAL WAREHOUSES More than a dozen communities within the Inland Empire has imposed a moratorium to limit the amount of industrial warehouses, citing increased air pollution from truck traffic. The latest town to join the moratorium is the City of...

06/15/2022

Prepping for my test for the CCIM Financial Analysis for Commercial Investment Real Estate course. All that is left is the 5 hour exam. Wish me luck!

05/19/2022

Gen Z will overtake Millennials as the predominant renters in the Multi-Family Sector within the next 10 years.

GEN Z RENTERS MIGHT RESHAPE MULTIFAMILY Gen Z is surpassing millennials as the largest renter in the multifamily market according to a Greystone report. The sector has had strong supply-demand fundamentals as demand is projected to hit 1.5 million by 2023. The analyst notes the rental sector can abs...

05/09/2022

A growing number of multi-family transactions are being done off-market. This is due to the fierce competition in the market.

OFF-MARKET DEALS ARE STARTING TO DOMINATE THE MULTI-FAMILY MARKET Apartment buyers are turning to off-market transactions more frequently as a way to find opportunities and curb competition. Two out of three private multifamily transactions are done off market. The biggest surprise was just how comm...

05/02/2022

There is almost no industrial space available in the Inland Empire as the vacancy rate is just 0.4%. For those with available properties for lease, the rent has increased 17.7% quarter-over-quarter.

THERE IS ALMOST NO INDUSTRIAL SPACE IN THE INLAND EMPIRE The acceleration of e-commerce and the increased capacity at the Long Beach Port mixed with a global pandemic and the supply chain disruption has increased demand for online shipping. This has contributed to a demand in industrial properties a...

04/22/2022

Commercial real estate growth slow for the first time since June 2020. However, it is important to keep in mind, a single down month doesn't create a new trend. We will see if there is any continuation.

COMMERCIAL REAL ESTATE PROPERTY PRICES SLOW The US commercial real estate market had it's first decline. The 0.4% drop was the first month-over-month decrease since June of 2020. This was the first time after 17 straight months of increases. However, a single-month change doesn't indicate a trend, a...

04/21/2022

Rents for Industrial Properties will continue to increase as demand for warehouse space remains high!

INDUSTRIAL RENTS GOING UP IN 2022 Industrial rent is expected to rise in the upcoming quarters of 2022 by as much as 22% in the US. This is due in part to the low vacancy rate and high demand for industrial properties. In coastal markets such as California, rents are expected to rise by up to 26%. T...