Struggling to fill vacancies in your shopping center?

Then it’s probably a good idea to know the most active tenants in your marketplace.

But how do you access that kind of data? LoopNet tells you what is for lease, but not who is leasing what. CoStar offers that type of data, but they charge EXORBITANT rates for access privileges. And tack on additional fees for every added feature.

So if you’re like most independent retail property landlords, such tools out of your reach.

Well Here’s Some Good News!

CBM completed nearly 400 deals last year in Los Angeles and Orange County, a pace we’ve maintained over the last half decade. Our 2015 completed transaction list offers a clear image of the most active Los Angeles and Orange County retail tenants.

Here’s breakdown of CBM’s completed leasing transactions organized by tenant type and usage…

Total Restaurants & Food Users: 54

restaurant

Restaurant and food users were by far our most active individual retail tenant category. Here’s a further breakdown by type and usage:

Restaurants By Type

  • Mexican (14)
  • Asian (11)
  • Cafés, Bakeries & Donut Shops (7)
  • Ice Cream, Frozen Yogurt & Candy Shops (7)
  • Takeout Pizza (5)
  • Juice Smoothies & Boba (3)

Credit Restaurant Tenants

  • Waba Grill (6)
  • The Stand
  • Subway
  • Little Caesar’s Pizza
  • Domino’s Pizza
  • Baskin & Robbins
  • Wienerschintzel
  • Starbucks
  • Dunkin Donuts

Total Retail Office Users: 75

Technically there are more retail office tenants than restaurant and food use tenants. Retail office tenants, however, represent a broad and diverse range of businesses. Here’s a further break down by business type:

Total General Office Space: 19

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Total Medical Offices: 17

  • Dental (2)
  • Acupuncture (1)
  • Pharmacy (1)
  • Physical Therapy (1)
  • Medical Billing (1)
  • Hospice Care (1)
  • Speech Therapy (1)
  • In-Home Health Care (1)

Credit Tenants

  • Concentra Health (1)
  • Allied Health (1)
  • Community Health Alliance (1)
  • DaVita Dialysis Center (1)
  • Total Insurance: 15
  • State Farm (3)
  • Farmers (1)
  • Adriana’s (1)

Total Auto Title Loans: 8

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  • Title Max (6)
  • Fast Auto (2)

Total Tax Prep Offices: 6

  • Liberty Tax (1)
  • H&R Block (1)
  • Jackson Hewitt (1)

Total Banks: 5

  • Wells Fargo (1)

MISC Retail Office Tenants: 11

  • Staffing & Employment Agencies (5)
  • Real Estate & Mortgage (2)
  • Law Offices (3)
  • Construction Office (1)

Personal Services

Total Hair Salons, Barber Shops, Nail Salons & Eyebrow Threading: 22

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Hair and nail salons are the largest personal service tenant. Here’s a further breakdown by service type:

  • Hair Salons (16)
  • Barber Shops (6)
  • Nail Salons (8)
  • Total Eyebrow Threading (6)

Total Massage: 9

Massage is the second largest personal service tenant. Here’s a further breakdown by massage type:

  • General massage (8)
  • Foot massage (1)

Coin Laundry: 6

A row of industrial washing machines in a public laundromat.

Coin laundries are the third largest personal service tenant.

Check Cashing, Payday Loans & Pawn Brokers: 5

Financial services are the fourth largest personal services tenant.

Dry Cleaners: 4

Dry cleaners are the fifth largest personal service tenant (tied with dance, yoga and martial arts studios).

Dance, Yoga & Martial Arts Studios: 4

Dance, yoga and martial arts studios were tied with dry cleaners as the fifth largest personal service tenant.

Tutoring: 2

Tutoring was the sixth largest personal service tenant type. Here’s a further breakdown by provider type:

  • Kumon Learning Center (1)
  • Mathnasium (1)

Retail Sales

Total Cell Phone Sales & Service: 27

Cricket-Store

Cell Phone Sales and Service tenants are the largest retail sales tenant. Here’s a further breakdown by provider:

  • Cricket (14)
  • Metro PCS
  • (7)Sprint (3)
  • T-Mobile (3)
  • Verizon (1)

Total Tobacco Shop & Vape/E-Cig Sales: 9

Tobacco and Vape + E-Cig shops are the second largest category in retail sales. Here’s a further breakdown by store type:

  • Tobacco Shops (6)
  • Vape & E-Cigs (3)

Mattress Stores: 6

Mattress store are the third largest retail sales tenant.

Total Convenience Stores & Mini Markets: 5

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Convenience stores are the forth largest retail sales tenant (tied with clothing stores). Here’s a further breakdown by retailer:

  • 7-Eleven (1)

Total Clothing: 5

Clothing stores are tied with convenience stores as the forth largest retail sales tenant.

Total Thrift & Discount Stores: 3

Discount stores are the fifth largest retail tenant. Here’s a further breakdown be retailer:

  • Salvation Army (1)

Video games: 3

Video games sales were the fifth largest retail sales tenant. Here’s a further breakdown by retailer:

  • Game Stop (1)

CBM’s Retail Leasing Team Has a Finger on the Pulse of Los Angeles and Orange County Retail Markets.

If you really want to fill your vacancies quickly and efficiently, with tenants ideally suited your property, hiring a competent leasing broker is critical.

And as the list above shows, CBM’s leasing team gets a LOT of deals done. And our leasing agents have strong relationships with the most active SoCal retail tenants. In short, our leasing team has their fingers on the pulse of the marketplace.

Hire CBM to Lease Your Shopping Center

To find out more about CBM’s leasing or hire CBM to lease your property, visit our Services page for more details and contact info.


As the old saying goes, the only things you can count on in life are death and taxes.

And when it comes to your shopping center, property taxes are due twice a year, every year, without fail.

In fact, the 2nd installment deadline is coming up on April 10th, which is just a stone’s throw away… And that brings to mind some important questions…

Who’s Making This Payment?

You? Your account or business manager? Your property manager?

Where Are the Funds Coming From?

Do you have the ready cash necessary to cover the payment? Do you need to liquidate assets or pull cash out of other accounts to pay the bill?

These are all important questions, particularly if you want to avoid penalties. And those penalties aren’t chump change. In both Los Angeles and Orange Counties, delinquent payments are assessed 10% of the total bill + processing and collection fees.

Fines for Delinquent Tax Bills Can be STEEP

The average tax bill among CBM managed properties is nearly $13,000 (per installment), and some climb over $100,000. That’s anywhere from $1,300 to $10,000 tacked on to an already hefty bill you’d rather not be paying anyway.

In short, it’s in your best interest to stay on top of your property taxes. But with so many other responsibilities already crowding your busy schedule, especially when it comes to managing your shopping center, it can be tough to stay up-to-date.

Professional Property Management Can Help You Manage Property Taxes (and a LOT more!)

In addition to managing tenants, overseeing maintenance vendors, paying utility bills and mortgages, your property managers also pays your property tax bill. Beyond just paying the bill, they remind you in advance of the impending bill, notify you of your account status and work with to make sure you have the necessary fund to cover the payment.

To find out more about CBM’s property management services, visit our Services pages for further details and contact info.

Additional Shopping Center Property Tax Bill Resources

Here are some additional resources from the Los Angeles and Orange County Assessors websites:

Los Angeles County Assessors: Important Notes + Dates

Annual property tax bills are mailed in early October of each year. The bill is payable in two installments.

The 1st installment is due on November 1st and is delinquent if the payment is not received by 5:00 p.m. or postmarked by December 10th. A 10% penalty is assessed for delinquent payments.

The 2nd installment is due on February 1 and is delinquent if the payment is not received by 5:00 p.m. or postmarked by April 10th, a 10% penalty and $10.00 processing fee are assessed.

If December 10th or April 10th falls on a Saturday, Sunday, or a legal holiday, the delinquency date is the next business day.

Both installments can be paid at the same time. If you choose to pay both installments in one payment, please include the first and second installment stubs with your payment.

Payment Deadline Summary

1st Installment Due Date: November 1st
Delinquency Date: December 10
Penalty, if delinquent: 10% of pending bill + $10.00 processing fee
2nd Installment Due Date: February 1st
Delinquency Date: April 10th
Penalty, if delinquent: 10% of pending bill + $10.00 processing fee

For further information, visit the LA County Assessors website.

Orange County Assessors: Important Notes + Dates

The county fiscal year begins July 1st.

Treasurer-Tax Collector’s Office mails delinquent prior year secured notices in August.

The Treasurer-Tax Collector’s Office mails out original Secured Property Tax bills in October. Supplemental Tax bills are mailed throughout the year.

First Secured Property Tax installment is due on November 1st. First Installment Property Tax Installment Tax Payment Deadline is 5:00pm, December 10th. A 10% penalty is added after the deadline.

Treasurer-Tax Collector’s Office mails delinquent notice for unpaid First Installment and Supplemental Secured Installments in January.

Second secured tax bill is due February 1st. Second Secured Property Tax Installment Tax Payment Deadline is 5:00pm, April 10th. A 10% penalty plus $23.00 cost is added after the deadline.

Treasurer-Tax Collector mails delinquent notices for any unpaid first and second installment taxes and Supplemental Secured Installments in May.

Payment Deadline Summary

1st Installment Due Date: November 1st
Delinquency Date: December 10
Penalty, if delinquent: 10% of pending bill
2nd Installment Due Date: February 1st
Delinquency Date: April 10th
Penalty, if delinquent: 10% of pending bill + $23.00 collection fee

Delinquent Secured and Secured Supplemental accounts are transferred to delinquent tax roll and additional penalties added at 1.5% per month on any unpaid tax amounts, plus $15.00 redemption fee.

If a delinquent date falls on a weekend or holiday, the delinquent date is the next business day.

For further information, visit the LA County Assessors website.