Shopping Center

Property Tax Reduction on Shopping Centers

Kern County Big Box Reduction

Kern County Big Box Reduction

After working with the County of Kern on what used to be a National Bookstore, we were able to secure a major reduction for our client for both the 2010 and 2011 years. This after not even having filed for he 2010 year! ....

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San Bernardino County Retail Strip

San Bernardino County Retail Strip

This property is a retail strip center in the Running Springs area of San Bernardino County. For 2009 the property was assessed at almost $800,000 for property tax purposes. Having an office in this strip and experience with business in this area of the County, CAPTA is intimately familiar with how location and tourism affects the value of property in this area. With this knowledge we were able...

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Los Angeles County Retail Strip

Los Angeles County Retail Strip

The subject property is a retail strip center in the Huntington Park area of Los Angeles County. The property taxes were based on a value of $2,600,000 for the 2010 year and our opinion of the assessed value was $1,600,000. After dealing with the appraiser at the County Assessor's office, we were not able to...

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CAPTA at ICSC RECon 2011

CAPTA at ICSC RECon 2011

CAPTA is an exhibitor at the ICSC Real Estate Convention in Las Vegas on May 22nd to May 25th. Visit us at Booth #S385 on S Street in the upper South Hall. We will also be holding a network event at the Aria Resort & Casino.RSVP Now!!!

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San Diego Shopping Center Reduction

San Diego Shopping Center Reduction

This is a good property tax reduction story. The subject property is a 33,000+ square foot shopping center in La Mesa (San Diego County). The owner came on board with CAPTA back in 2008 and had an assessment of just under $8,900,000. Unfortunately, given the restraints of thousands of appeals filed in the County, San Diego was not ready to discuss this property until early 2010. At that time, given the case we set forth to the County we were able to work out a reduction...

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Sacramento Retail Strip Reduction

Sacramento Retail Strip Reduction

The Cloverdale office was able to show a significant decline in value for this small retail center in northeast Sacramento for the 2009 tax year. Our agent provided sales of similar properties as well as an analysis of decreasing rental income and increasing vacancies for retail buildings. For the 2009 tax year the reduction in value was $307,844 which will result in a refund of almost $3,400. While working this case...

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