The economic upheaval stemming from the coronavirus pandemic has claimed roughly 700,000 jobs in Los Angeles. No corner of the county has been spared, but in the first three months of the pandemic, the local industrial market is holding up better than other commercial sectors. The pandemic-induced shutdown has undoubtedly taken a toll on L.A. industrial properties, and the vacancy rate is up sharply since the start of the year. However, L.A. was the tightest major industrial

California Senate Bill 939 Update:  At a hearing on Friday, May 22, 2020, the Senate Judiciary Committee voted on SB 939 (as amended on May 13, 2020). If passed, SB 939 would allow certain commercial businesses to open negotiations for revised lease terms such as withholding rent for more then a year and allow those same commercial businesses the ability to terminate their leases without liability. In addition, if tenant/landlord negotiations fall through, SB 939’s proposal