2015 Industrial Market Report
The big news for the 3rd quarter is that supply is at an all time low of 2.62%. The average lease rate is $.67 psf. South County posted a record lease high of $.83 psf.

2015 Home Sales
Housing affordability is one area that California can expect to experience a tough time. Median home sales are $848,750. Average sales is $1,219,170. Disappointingly Fannie Mae and Freddie Mac did not increase loan limits.

2015 Retail Market
Both availability and vacancy continue to go downward, dropping over 10% in 2015. 800,000 sf of retail space is under construction, most in mall spaces. Vacancy finished the 3rd quarter at 4.14%. The average lease rate in Orange County is $1.94 psf.

2015 Office Market Report
The 3rd quarter vacancy decreased to 12.6%. As vacancy rates decline,the average rental rates have increased to $2.26 psf full service gross.


PK Management is a trusted Advisor, Manager, and Owner of apartments, industrial, retail, and office. The Company provides real estate services including: acquisitions and dispositions, due diligence and market research, monitoring property financials and business dealings of clients real estate portfolio.

PK Management also manages all functions of properties including: overseeing the day-to-day operations through the direct supervision of property managers, maintenance, and outside contractors. This practice ensures properties are properly maintained in accordance with owner’s and company standards and maintenance agreements.

Other management services: creating annual budgets, business plans and occupancy goals, identifying property maintenance requirements, capital improvements, soliciting, reviewing and negotiating contractors bids.

PK Management assist companies with lease negotiations and relocations.

By way of experience, PK Management is your complete real estate solution.

 

CONTACT INFORMATION

Main Office Phone: 714.453.9863
Mailing Address: P.O. Box 235 Placentia, CA 92871


 

Property Samplings:
Villas Netcom FedEx Orchards

 

During this Christmas Season I want to thank each and every one of you for your trusted support of PKMI. You have my sincere appreciation for the contributions you have made to its financial success.

The 3rd quarter was a successful period for PKMI, which marked a milestone for growth in provided real estate services by representing a Seller in a large residential land sale in the Chino Corona area and assisting a Buyer in the purchase of a multimillion dollar Apartment Complex in San Diego.

As you may know, many of our new business opportunities come as a result of referrals from our existing clients, you! As we approach the Christmas Season and look forward to the coming New Year, I am seeking to meet potential new clients as a result of your referrals.

I look forward to speaking with you over the next month regarding ways in which we can assist each other in growing our respective professional networks. Until then, I wish you a very Merry Christmas!