Mayor James T Butts Jr

by Jodi Summers We know commercial real estate in Inglewood. We’ve been buying and selling it since the last millennium. It was a bit of a struggle since the City of Champions lost the Lakers to the Staples Center, but the City of Inglewood is known for reinventing itself. The history of Inglewood dates back […]

Empty storehouse toned in the blue color

by Jodi Summers There may have been a cataclysmic political shift, but the current commercial real estate cycle continues on its regular course and industrial real estate in Los Angeles is still fabulous. While multifamily and office segments appear to be topping out, industrial is still on a strong upward trajectory. E-commerce fulfillment is a […]

warehouse growth

by Jodi Summers Next year, California is going to get legal marijuana, and both industrial and retail real estate sectors stand to benefit from pot’s legalization. Now the big project is for users and investors to find properties in legally acceptable locations. “Marijuana legalization is a boost to industrial absorption in the states that legalize […]

CapAndTrade

by Jodi Summers Ice Ice Baby. Back in 1990, everyone was talking about Julia Roberts in the movie Pretty Woman. Just fewer than 30 million people lived in California (compared to more than 37.25 million today) and everybody is boasting about their Acura Legend or Mazda Miata. The California Air Resources Board’s plan to reduce […]

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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, […]

urban-apartment-development-construction-cranes-keyimage

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 […]