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DJM Commercial Real Estate, Hired as an Expert Witness by Local Real Estate Attorney

David Massie, President of DJM Commercial Real Estate, recently was hired as an expert witness by a local real estate attorney in southern CA. The case revolved around the landlord charging the client too much in Triple Net (NNN) and/or Common Area Maintenance (CAM) fees.

David was able to convince the mediator that the landlord had indeed charged fees that are not industry standard and not per the contract between the parties. David’s client prevailed and the case settled in the client’s favor.

David specializes in commercial (office, retail, industrial, flex, medical, etc.) lease disputes of every kind including NNN/CAM audits and reviews like the above matter. If you are a tenant or an attorney or even a landlord that needs an expert witness with over 35 years of experience on both the landlord and tenant side, please contact David at david@djmcre.com or call him at 805-217-0791.

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DJM Commercial Real Estate Represented Firm to Buy an Office Building in Agoura Hills Below Comps

David Massie, President of DJM Commercial Real Estate, recently represented a CPA firm to buy an office/medical building in Agoura Hills, CA for a price below the latest comps.

Originally, David’s client only wanted to lease until David showed him the property which had just been listed that same day.  The CPA client agreed it was too good of a value to pass up and was a better value than leasing.

The sales market in southern CA where David’s primary market is very hot with many more buyers than sellers right now and it is a good time to sell because of this so it’s harder to find a good buy like David did for his client here.  Getting to properties fast for David’s clients is very important and he is usually able to show them the properties the same day they were listed and many times even before they are listed.

If you want creative ideas on how to buy or sell your next office, medical, retail, industrial or other commercial building for more, please contact David at david@djmcre.com or call him at 805-217-0791.

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DJM Commercial Real Estate Sold an Office / Medical Building for 20% Over Comps

David Massie, President of DJM Commercial Real Estate, recently sold an office / medical building in Newbury Park, CA for about 20% over the latest comps representing the seller.
David was able to convince the City of Thousand Oaks to change the zoning to allow medical use in addition to the existing office use because the demand for medical space in this area is strong and supply is limited.
David then targeted a medical buyer to achieve a higher price and was able to get the property to appraise for the buyer’s loan.
The sales market in southern CA, David’s primary market, is very hot with many more buyers than sellers and it is a good time to sell because of this.
If you want creative ideas on how to sell your office, medical, retail, industrial or other commercial building for more, please contact David at david@djmcre.com or call him at 805-217-0791.