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phil oh

Phillip J. Oh, CCIM, has over 20+ years of experience in commercial real estate acquisition and disposition and has an undergraduate degree in electrical engineering. He is an active member of the CCIM, National Realtor association and commercial brokerage profession and has worked in all of the diverse of southern California, Oregon, Washington and Nevada states or Western United States. Previously with C/B Commercial and Re/Max Commercial.

He concentrates on apartments, strip center to major centers, acquisition and disposition. His focus is to provide hands on personal attention to his client's individual needs and to exceed their expectations.

Last Updated (Monday, 10 October 2011 18:50)

Citigroup Cuts Global Growth Forecasts – Again

Friday, 30 September 2011 22:39 |

Written by CNBC |

Economists at Citigroup have again cut their global gross domestic product forecasts for 2011 and 2012 as growth prospects "continue to deteriorate quickly."

At a global level, the bank's Citi Investment Research & Analysis unit predicted on Thursday that growth will slow to 3 percent this year and 2.9 percent in 2012. Two percent global growth is seen by the International Monetary Fund 43048771) and World Bank as the classification for global recession.

The cut marks Citi's second in less than a month. It last downgraded the global economy on September 6.

Last Updated (Monday, 10 October 2011 18:43)

Commercial Investment: Retail Space.

Friday, 30 September 2011 22:14 |

Written by Ellen M. Berkowitz |

Got Vacant Space? Think Inside the Box

The good news about tough economic times is that they breed ingenuity. Leasing specialists in retail and other property sectors need to think “inside the box” –- the vacant big box, the empty warehouse, or the small office building abandoned by the busted start-up firm. By thinking short-term instead of long-term lease, entertainment instead of shopping, farmers market instead of vacant lot, that space –- particularly in well located areas – may be suited to new opportunities.

Last Updated (Friday, 30 September 2011 22:44)

Tough times for California's commercial real estate market

Wednesday, 06 April 2011 23:30 |

Written by Greg-Lucas |

The signs can be seen almost everywhere. Downtown Sacramento. San Diego. Either side of Lincoln Boulevard between Marina del Rey and Santa Monica. Along the Wilshire Boulevard corridor, from downtown Los Angeles to the coast. Walnut Creek. Pleasanton. Riverside. Fresno. Eureka. Santa Rosa. Napa. Even Olive Mills Road, one of the main drags of tony Montecito near Santa Barbara. Each are phrased a little different: “Space for Lease.” “Retail/Office Space Available.” “For Sale." The state of the Golden State’s commercial real estate market is anything but golden.

Last Updated (Monday, 10 October 2011 17:56)

Lessons Learned.

Thursday, 21 April 2011 00:41 |

Written by Phil Oh |

Can a new look at data prevent the commercial real estate market from repeating past mistakes?

What has the commercial real estate market taught us in the past three years? Humility in many
cases, and perhaps balance, as market participants measure the pain of a 40 percent loss in value
against more intangible items, such as the steadfastness of friends and family in difficult times.
But if nothing else, the recent excursion to the bottom of the trough reminds us that commercial
real estate is a cyclical business.

But is awareness of this cycle enough to save us from ourselves? Taking into consideration the
actions of commercial real estate lenders as well as investors offers another perspective on the
market cycle and, perhaps, a way to use it to our advantage.

Last Updated (Friday, 22 April 2011 22:34)

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