Boyle Heights Sears Building Slated for Revival

1.7-million-square-foot complex to be reactivated with apartments and commercial space.

Last month, the Los Angeles Cultural Heritage Commission gave positive feedback to the proposed adaptive reuse of the landmark Sears, Roebuck & Company Mail Order Building in Boyle Heights.

The approximately 1.7-million-square-foot complex, built in phases between 1927 and 1970, was designed by architect George C. Nimmons in the Art Deco style. The 10-to-15-story structure historically operated as a distribution hub for Sears catalog products, although operations ceased in 1992. However, a Sears retail store still occupies a portion of the building.

Syndications – Are they a good option for Real Estate Investment?

What is a first-time investor to do, if they want to take advantage of a hot real estate market, but don’t have the liquidity to purchase a property for millions of dollars? A syndication may be a vehicle which can allow a smaller investor to co-invest alongside the “big boys.”

VIDEO: An In Depth Follow Up On Retail Apocalypse.

CBI's CEO George Pino follows up his latest article blog article, with a further depth conversation on "The Retail Apocalypse." Check it out.

VideoGeorge PinoOctober 2, 2017retail trends, Amazon, retail apocalypse, Big Box RetailComment

Silicon Beach Continues Its Culver City Reach

There are several reasons why we will continue to see more technology based companies in Culver City; from proximity to Santa Monica, Venice and Downtown Los Angeles, to its growth potential and the city’s initiatives to make it more welcoming.

The extension of the Expo Line has already shown its impact on downtown Culver City. It has made the transit from Downtown to Culver City then to Santa Monica, a daily possibility. The tech hubs of Santa Monica and Venice can connect with Culver City and Downtown LA which is vital to Silicon Beach’s growth. It allows for these communities to easily communicate and commute to each other. This type of collaborative approach to work is what allowed for growth in Northern California Silicon Valley.

Is Amazon the Start of the Apocalypse?

In the media, over the last 6 months or so, we keep hearing about retail apocalypse. News articles talk about the collapse of the retail industry. How these events are causing the demise of the retail commercial property network. Although many retailers have been shuttering stores, including many legacy brands, is this a sign of the collapse of the retail market? Or could it be an indication of a shift in the consumer spending trends?

What To Ask When Interviewing An Agent To Represent You.

in this day and age, many agents don’t seem to take the time to understand their clients’ business needs and wants. Perhaps they are too inexperienced to ask the right questions? After all, if you were to hire an employee, you would interview them before offering them a job wouldn’t you?

So what is a client to do? Well, I suggest you “interview” the broker. Ask the agent questions before hiring them.

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