from Jodi Summers

This great graphic sums up where the Los Angeles industrial real estate market stands at the end of the first quarter of 2014. Notice it’s all good. Charts courtesy of the Los Angeles County Industrial Report First Quarter 2014 from Daum Commercial Real Estate Services….

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http://www.google.com/url?sa=t&rct=j&q=&esrc=s&source=web&cd=1&cad=rja&uact=8&ved=0CDgQFjAA&url=http%3A%2F%2Fwww.daumcommercial.com%2FLibraries%2FDAUM_Market_Reports%2F01-LACIND.sflb.ashx&ei=xsGAU9pF0ISiBKDogvAN&usg=AFQjCNFjIyN6xP54DkV5xni_xrAxt-agkw&sig2=eGeAky-6T9H_3yDzc798bA&bvm=bv.67720277,d.cGU

http://www.socalindustrialrealestateblog.com/?p=2185

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  1. Once known as the “Workshop of the World” because of its industrial might, Philly is now on the rebound after decades of population decreases. It’s a city rediscovering its industrial heritage, where everyday buildings and industrial spaces are being reused in new and exciting ways. The city is growing again, and people of all ages are moving back downtown.
    The project I’m most looking forward to seeing develop in the next few years is the Rail Park — an in-progress plan to create a three-mile park and recreation path, using the historic elevated Reading Viaduct and the below-ground City Branch rail cut of the former Philadelphia and Reading Railroad. It’s big, it’s ambitious, it’s forward-thinking, and it’s going to be uniquely Philly.

  2. With upward of $35 billion of new refineries, chemical plants and factories planned through 2015 for Houston and the surrounding Gulf Coast, companies like Odebrecht, which runs chemical plants and is working on a new freeway in the area, have converged on the nation’s oil and gas capital.

    Houston, with 255,000 manufacturing jobs, is not yet the country’s largest industrial center; it still lags behind the longtime leaders Los Angeles, with 360,000 manufacturing jobs, and Chicago, home to 314,000. But it is clearly on a stronger trajectory. Since 2008, Houston’s manufacturing workforce has expanded 5% while Los Angeles has lost 13% of its industrial jobs and Chicago’s factory workforce has shrunk 11%.

  3. The total number of containers handled at the ports of Long Beach and Los Angeles in May increased by 5.6 percent on a year-over-year basis to 1,288,652 TEUs (twenty-foot equivalent units). This was the fourteenth consecutive month of at least 1 million TEUs for the San Pedro Bay ports.

    At the Port of Los Angeles, total containers rose by 8.2 percent on a year-to-year basis while the Port of Long Beach saw total containers increase by 2.7 percent in May when compared to last year. The San Pedro Bay ports have been a on a positive growth track for the past ten out of eleven months.

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Jodi Summers Sotheby’s International Realty 310.392.1211 jodis@jodisummers.com www.SoCalInvestmentRealEstate.com www.SantaMonicaLandmarks.com www.SoCalIndustrialRealEstateBlog.com www.SoCalOfficeRealEstateBlog.com www.SoCalGreenRealEstateBlog.com www.SantaMonicaPropertyBlog.com Jodi Summers Bio With $100,000,000 in listed inventory, Jodi Summers understands the coastal commercial real estate market. A top producer with Sotheby’s International Realty, Jodi knows finance, rules, regulations, procedures and methods. She is accurate, knowledgeable, timely and aware of how government shapes the cities of Southern California. Jodi is born in Brooklyn, raised in and around Manhattan – the family business was marketing, Madison Avenue style. Childhood math quiz questions calculated demographic and psychographic percentages or analyzed the allocation of adverting dollars. Word games were for devising slogans. An honors graduate from the Walter Cronkite School of Journalism at Arizona State University, Jodi moved to California to achieve her goal of living by the beach with a palm tree and a hibiscus bush in her yard. She thrived as an entrepreneur in the entertainment, media and marketing industries. One of her books, “Marking and Marketing Music,” is in second edition. “My marketing and communication skills have proven to be a true gift when it comes to promoting real estate,” observes Jodi. “And I am consistently able to get an exceptionally high price per square foot for my sellers.” Discipline (Jodi holds a Black Belt in Tae Kwon Do), organization, motivation, excellent communication skills and knowing & satisfying the needs of her clients have been her essentials for running a successful business. A passion for investment real estate explains her emphasis in asset-yielding properties. Her team joined Sotheby’s International Realty for the company’s powerful brand and stellar reputation. “We offer the broad market knowledge needed to assist clients in formulating a sound acquisition strategy,” Jodi amplifies. “Together, we evaluate various markets, property types and neighborhoods to devise a customized approach that meets each client's specific objectives.” Jodi is a member of the Action Apartment Association of Westside income property owners, the Santa Monica Conservancy historic preservation society, the Ocean Park Association, the Friends of Sunset Park community group, the Real Estate Investors Club of L.A., and the Culver City Rock & Mineral Club. Members of her team are fluent in Spanish and Italian. “Our reputation assures your satisfaction.”

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