UCLA anderson forcase graph 2Q 2017

by Jodi Summers There may have been a cataclysmic political shift, but the current commercial real estate cycle continues on its regular course, according to the latest Allen Matkins/UCLA Anderson Forecast. “While the outlook for 2017 may look relatively good, the strong move towards online shopping, higher interest rates, a continued redefinition of the office […]

LA_Skyline_Mountains with snow

edited by Jodi Summers Bravo to smart speculators! The Los Angeles office market scaled a new peak in 2016. A recent report analyzed  local office transactions of more than $5 million for office buildings of over 50,000 square feet, from 2012 to 2016. The results show that 2016 was the most active year of the […]

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by Jodi Summers Silicon Beach with a view…that’s what they call Playa Vista. It used to be that the incorporated city of Santa Monica was the gem in the crown – great location, better services, name recognition…rents about $4/sf, but since the rise of Silicon Beach, such is not the case. Culver City is now […]

la freeways again

by Jodi Summers Watch our Metro grow. In the most recent presidential elections, LA approved Measure M – the half-cent sales tax increase to fund new public transit projects and infrastructure improvements. Here’s our metro – now and future… As an FYI, Angelinos spend an average of 81 hours a year stuck in traffic. Currently, […]

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by Jodi Summers In a recently released list of the top 18 distribution markets, five West Coast markets made the cut. Problem is, there isn’t the warehouse space in LA County to accommodate all of the suppliers who would like to be here. Top distribution markets are based on access to ports, rail, freeways and […]

CEQA-Chart-of-Categories

by Jodi Summers The California Environmental Quality Act, aka CEQA is a statute that requires state and local agencies to identify the significant environmental impacts of their actions and to avoid or mitigate those impacts, if feasible. CEQA currently measures traffic impacts using the “level of service” metric. In 2017, the method is changing to […]