Gone are the days of sitting for hours behind a line of desks and in compartmentalized cubicles in front of bulky computers.
Workers want more natural light, interaction and collaboration with colleagues, to have the ability to work outside and have access to other amenities in or around the office building, panelists said at Bisnow's Los Angeles Office: Workplace of the Future event Wednesday at the Convene coworking space at the Wells Fargo Center in downtown Los Angeles.
Read MoreLocation location location… We all know how important it can be to the success of a retail business, but is it as important for an office location? I think it is. When looking for retail locations, I’ve identified key metrics in determining the right location; demographics, traffic/traffic counts; ease of access and visibility, competition and zoning. Finding the right location for an office can be just as critical, but owners should take into consideration additional factors before deciding on their office location.
Read MoreCBI Ceo George Pino sits down with fellow USC alum Phil Atwan of Exchange Resources to walk you through the process of 1031 Exchange investing. Whether you're new to property investment or seasoned pro, great information for anyone looking to move into 1031 exchange.
Contact:
George Pino
310.943.8536
gpino@cbicommercial.com
Phil Atwan
213-479-8800
philatwan@gmail.com
Read MoreIf you're looking for hints on the future of the real estate pipeline, including new residential and non-residential starts, you can do worse than listening to Ed Sullivan. The senior vice president and chief economist of the Portland Cement Association, Sullivan was among the keynote speakers at the recent mid-year meeting of the Herndon, Va.-based National Concrete Masonry Association, at the Inter-Continental Hotel in Chicago.
Invariably as riveting a speaker as he is an insightful forecaster, Sullivan began by noting the American economy is in something akin to a weather pattern calling for consistently warm and sunny days.
Read MoreEarlier this summer, the Exposition Corridor Transit Neighborhood Plan was approved by the Los Angeles City Council in a unanimous fashion. The purpose of this plan is to ultimately promote the use of the new Exposition Line by changing the zoning on the properties within a half a mile radius of the transit line, which therefore allow for new development opportunities to sprout in those areas. The plan will directly promote the expansion and growth of new multi-family, mixed used, commercial, and industrial development in the affected areas, which will in turn provide an estimated 4,400 to 6,000 new housing units, and 9,400 to 14,300 new jobs within the affected plan area by 2036. In a LA Dailey News article released in 2017, the Los Angeles County population is projected to grow by 1 million people by the time the extra jobs and housing units are fully completed and underway. In short, the LA City Council is planning ahead to accommodate for the extra population growth, while promoting the usage of the new and upcoming transit lines across the city.
Read MoreCHICAGO—The industrial sector has become one of chief targets of investors, and several groups now say industrial properties related to transportation and outdoor storage can become a separate and valued asset class. J.D. Salazar, a leader in Chicagoland commercial real estate community for more than 30 years, has re-started Champion Realty Advisors launch just such an initiative.
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