An Alternative to Renting or Leasing Commercial Space: Office Condominiums

In California, and in many other states, the concept of commercial condominiums is not a new one. Business owners have sought to purchase office, medical, or industrial space in condominium complexes for many years.

Paying principal and interest rather than rent can be advantageous to a business owner. The ability to convert the interior space in a manner most conducive to the particular business is also appealing.