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Learn how this new act will affect landlords of residential properties. The Tenant Protection Act of 2019 (AB 1482) went into effect on January 1, 2020. However, what does this act mean for California’s residential landlords? Your commercial realty advisors report on the act and the consequences that it has for the state’s property owners. AB 1482 brings two major
Why flex industrial asset growth trails behind warehouse sales. While experts contend that the demand for flex industrial assets is strong, the growth of this market lags behind that of warehouse sales. In fact, over a ten-year period, warehouse sales have increased by 95% while flex industrial sales are only up 43%. So, what are the reasons for this slower
How you can face the challenges of Formula One Retail Ordinances and successfully lease properties. While leasing a property can be difficult enough on its own, new Formula One Retail Ordinances make this task even more difficult. These ordinances require new leases to be cleared by the city in an effort to protect local and small businesses. Here’s what you
Top trends in Los Angeles’s retail real estate market. According to data from CoStar Group Inc., grocery-anchored shopping centers and auto dealerships were the top retail real estate sales in Los Angeles County in 2019. Here are some of the top trends in Los Angeles’s retail real estate market. Retail real estate experts report that experienced grocery tenants are stable
Capitalize on these commercial real estate opportunities this year. While there has been concern about an economic downturn, commercial real estate experts suggest that 2020 could be a strong year for the commercial real estate industry. Curious to see what experts are predicting this year? Then here’s what your commercial realty advisors have to report. According to a new report
How the rise of the food delivery market is affecting the restaurant sector. Restaurants have become an anchor for the retail sector amidst the so-called retail apocalypse caused by the rise of the e-commerce industry. However, restaurants are now facing their own kryptonite—food delivery services. Here’s how the rise of the food delivery market is affecting the restaurant sector. With
Cities fight back against industrial development over health concerns. California’s Inland Empire has seen the largest growth of industrial and warehouse development in the country. However, local governments have criticized this rapid growth, claiming that it has led to a dramatic increase in truck and vehicle traffic that has created a serious health hazard. Your commercial realty advisors report on
Government-mandated audit of city’s cannabis regulators leads to licensing delays for marijuana businesses. For prospective cannabis businesses in Los Angeles, the government-ordered audit means another wave of uncertainty and lost money. Unfortunately, this newest setback is just another obstacle causing licensing delays for marijuana businesses. Already, hundreds of entrepreneurs have waited months to learn whether they will be allowed to
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