
Prop 15 Fails to Pass California Voters
This has been a year of tight political races. While most have had their eyes on the Presidential Race, California Commercial Real Estate players have closely followed Proposition 15. Had it passed, the Proposition would have had significant consequences for the Commercial Real Estate market in California. The Proposition could have put downward pressure on property values and could have had significant implications for tenants because of increased property taxes paid through

OC Industrial Leasing Booms to 2014 Levels
Orange County’s industrial market is seeing a pandemic-fueled surge. A third quarter report found that industrial leasing activity in Orange County has hit levels not seen since 2014. During the quarter, there were 57 deals totaling more than 2 million square feet. That’s a 15% increase over the third quarter average for the past five years. During the second quarter, operators and investors of industrial real estate were very reluctant in executing long forward commitments a

L.A. Market Report
Hard Hit by Health Crisis, Los Angeles County Enters Transitional Period for Commercial Real Estate; Attractiveness of Suburban Investment Grows Span of strong commercial performance interrupted by wave of job losses. Shelter-in-place orders and nonessential business closures that extended through the second quarter had a profound impact on Los Angeles County’s economy and commercial real estate sectors. During the three-month window, nearly 470,000 jobs were lost in the metr