Author: News Feed
A friend ran a small accounting firm in a mid-rise office building off the 405 freeway.He had a corner suite with a view of the freeway, nothing glamorous, but it was solid. For years, he paid his rent on time, kept his staff of five happy and felt secure knowing his office space was a symbol of his firm’s steady success.Then came the pandemic, and with it, the great work-from-home migration. By 2021, his lease was up, and he made a decision that landlords across Southern California now dread: He let the office go.Fast forward to today, and that once-bustling…
Commercial real estate is no stranger to disruption. Over the years, we’ve seen tech booms, financial crashes, pandemic-induced pivots, and policy shifts — each shaping how, where, and why properties are bought, sold and leased.Now, as we have eclipsed two months of 2025, the question is: What’s next? What trends, policies, or economic shifts will send ripples — or shockwaves — through the commercial real estate industry this year?While no one has a crystal ball, here are the key forces that could redefine commercial real estate as we know it.The interest rate wildcardAfter a rollercoaster ride of rate hikes in 2023…
Egg prices got you rethinking your brunch budget? You’re not alone! With the rising cost of eggs, more Bay Area folks are turning their backyards into mini urban farms. Whether you have a small city lot in Oakland or a more spacious setup in Marin, raising chickens is an eco-friendly, rewarding way to enjoy fresh eggs at home. Plus, let’s be honest—chickens are hilarious little companions! If you’re ready to embrace the backyard chicken movement, here’s what you need to know to get started in the Bay Area. Are Backyard Chickens Allowed in the San Francisco Bay Area? First things…
As I penned this column, we were celebrating Presidents’ Day, a winter holiday originally meant to honor Washington and Lincoln’s birthdays but now mostly a day off from work and school.When I was a kid, February was a rapid-fire month of celebrations: Lincoln’s birthday on the 12th, Valentine’s Day on the 14th, and Washington’s birthday on the 22nd. Over time, two of these events have merged into one, but this year, a well-placed Friday-to-Monday stretch created a four-day weekend for many local school kids.Reflecting on presidential legacies got me thinking. Beyond politics, what decisions have truly shaped the commercial real…
The market is recalibrating, and 2024 will be a year of absorption rather than expansion. Subscribe to continue reading this article. Already subscribed? To login in, click here. Originally Published: February 15, 2025 at 5:00 AM PST Source link
Disneyland is making extra elbow room for new attractions based on the Avengers, Avatar and Coco as the Anaheim theme park embarks on an ambitious $1.9 billion expansion plan over the next four decades.Disney bought a 400,000-square foot warehouse in Anaheim about 2 miles from Disneyland for $124 million in January, according to the Orange County Business Journal.ALSO SEE: First look at Star Wars projection show coming to DisneylandDisneyland was already the tenant of the Cerritos Avenue warehouse where the Anaheim theme park stored parade floats and seasonal decorations, according to OCBJ.The purchase of the massive warehouse gives Disneyland extra…
The Trump administration has once again floated the idea of “reciprocal” tariffs on foreign countries. While it is unclear what formula the administration will use to determine what is “reciprocal,” the intention of responding to foreign charges—real and perceived—is clear enough. In the past, the administration has made general assertions about different tariffTariffs are taxes imposed by one country on goods imported from another country. Tariffs are trade barriers that raise prices, reduce available quantities of goods and services for US businesses and consumers, and create an economic burden on foreign exporters. and nontariff barriers that American exporters face that…
As of Jan. 1, 2025, a new California law (Assembly Bill 2992) requires real estate agents representing buyers to enter into a written buyer-broker contract agreement with their clients.While this change was already being practiced by many in residential real estate, it’s now official, adding a new layer of formality — and potential friction — to the way real estate deals get done.What’s in the law?For starters, this isn’t just a suggested best practice.Under AB 2992, written agreements are now mandatory when representing buyers. No more handshake deals or loosely defined relationships. Brokers must present and execute a buyer-broker representation…
Its CEO said Texas’s growing talent pool, low cost of living and expansion of the housing stock are part of its appeal. Subscribe to continue reading this article. Already subscribed? To login in, click here. Originally Published: February 6, 2025 at 12:01 PM PST Source link
Today marks a milestone I never imagined when I wrote my first column 10 years ago for the Southern California News Group.Back then, I approached commercial real estate as a puzzle: complex, fascinating and full of moving parts.Ten years later, that hasn’t changed, but the pieces themselves certainly have.Writing this column has given me a front-row seat to some of the most dramatic transformations in the industry, many of which have touched not just buildings and businesses but the way we live, work, and shop. To mark this anniversary, I’ve reflected on the 10 biggest events and trends that have…