News

Friday
Jul232010

New on the market: 1601 W. 134th St. Gardena

16,000 Sq. Ft. Freestanding Concrete Tilt-Up Industrial building for Lease, with 36 car parking, Large fenced yard and 50' Clear Span Bays. Located at 1601 W. 134th Street, Gardena. Click Here for Brochure

Friday
Jul162010

New on the market: 5500 W. 83rd St. Los Angeles

40,000 Sq. Ft. Industrial building for Lease, easy access to 405 freeway, LAX and Westside with 42 car parking, fenced yard and fire sprinklered. Located at 5500 W. 83rd Street, Los Angeles. Click Here for Brochure

Friday
Jul022010

3850 S. BROADWAY PLACE- LEASED

S. D. Herman Co. is proud to announce the leasing of the 5,750 sq. ft. industrial warehouse located at 3850 S. Broadway Place, Los Angeles.  Gary Herman, Jr., represented the Property Ownership; while Paul Herman represented the new tenant.

Friday
Jun252010

North Hollywood- industrial warehouse for lease

S. D. Herman Co. currently has a 10,600 sq. ft. concrete block warehouse for lease in a prime North Hollywood region adjacent to the Burbank Airport.  The property features 24 car parking, 16’ high ceilings, 2,225’ of office, and is fully air-conditioned.  The property is located at 6934 Tujunga and has great street exposure.  If you have any questions about the property or would like to schedule a tour please contact Paul Herman at 213.747.6531 ext. 321. http://sdherman.com/storage/6934%20TUJUNGA%20AVE.pdf

 

 

Friday
Jun182010

U.S. Property Market

Total returns over the next five years will be generated mostly by current income. Average cap rates are 7.5-8.5% for office, industrial and retail, and 7.0% for apartments. Because of this attractive income, there has been fierce competition among investors for core, stabilized assets, causing prices to rise since the second half of last year. Bank lending has improved, especially for core assets under $100 million where owners can finance on very attractive terms at 50%-70% loan-to-value ratios. Expect credit conditions to improve but only gradually because banks and regional ones are still dealing with their own balance sheets.