LEE & ASSOCIATES | DOWNTOWN LOS ANGELES
SEHYUNG KIM / PERSPECTIVES

INDUSTRIAL / MANUFACTURING / OWNER-USERS

Industrial real estate.
Built around your operation.

A building can look right on paper and still be wrong for the way your business works. Industrial real estate brokerage starts with understanding the operation inside it.

Industrial property at 1120 East 11th Street in Los Angeles

Start with the operation, then the building.

Manufacturing, warehousing, wholesale distribution and service businesses use industrial space differently. A useful search starts with the movement of people, materials and vehicles: what arrives, where it is stored, how it moves through the building and how the finished product leaves.

Sehyung Kim represents buyers, tenants, owners and investors in Los Angeles commercial and industrial real estate. His work combines property search and marketing with an assessment of building function, transaction economics and the client’s next stage of business.

Look beyond the advertised square footage.

Clear height, loading access, electrical service, yard configuration and the proportion of office to warehouse can matter as much as the total area. An attractive asking rent does not resolve a difficult truck approach, an awkward column layout or inadequate power for the intended equipment.

For a manufacturing requirement, identify equipment loads, ventilation, employee facilities and any specialized improvements early. Confirm the intended use and approval requirements with the appropriate authorities and qualified professionals before relying on a building’s current configuration.

Compare the full occupancy picture.

A lease comparison should identify the quoted rent period, reimbursement structure, utilities, parking, improvements and delivery condition. If one building quotes rent monthly and another annually, put both on the same basis before comparing them. Separate the area available to occupy from the size of the entire building.

Owner-users have a different set of questions: how much of the property supports their business, what space could produce income and what improvements might be required after closing. Investors may put more emphasis on tenant obligations, lease rollover, expenses and the relationship between current income and future leasing assumptions.

Bring local property knowledge into the decision.

Central Los Angeles industrial buildings vary widely in age, layout and access. Touring with a clear operating brief makes it easier to compare those differences. The goal is a property that supports the business and a transaction whose assumptions can be understood and tested.

Sehyung has provided brokerage services in Los Angeles since 2001. Clients can discuss requirements in English or Korean, with the resources of Lee & Associates supporting the local assignment.

COMMON QUESTIONS

Can you help with both buying and leasing an industrial building?

Yes. Sehyung provides buyer and tenant representation, along with sales and leasing services for owners. The search and analysis can compare the alternatives relevant to your operation.

Do you provide Korean-language industrial real estate consulting?

Yes. Requirements, property alternatives and transaction questions can be discussed in English or Korean. The Korean-language page provides an introduction to the brokerage services.