Industrial Market Report
The OC Industrial Market vacancy is at 4.4%. This is the lowest decrease in 5 years. The average lease is $.66 psf. 10% growth expected by end of 2014.

Office Market Report
The average asking rate in OC is $1.93 psf. This is an increase of $.05 from 2012.

Retail Market Report
OC vacancy rate dropped to 5.5%. The current rental rate for retail space is $2.09 psf and expected to rise in 2014 to $2.15 psf.

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

Job Market in California 
Unemployment declined. All time low at 5.2%. OC average income is $75,000; State average income is $60,000; National average income is $ 52,000.

Residential Home Sales

Average home prices rose by 16.5% compared to 2012. Total number of housing units has risen by 13.6% Future housing growths expected in Anaheim, Santa Ana and Irvine.

General Business
PKMI is representing buyers and sellers in the residential development. The firm has been successful financing multifamiy projects and industrial complexes this past quarter.