June 5, 2017

Working To Make DTLA Even More Vibrant

A lot of strides have been made in DTLA in recent years, according to Central City Association CEO Jessica Lall.

The organization now has a vision for an even brighter downtown. "We see downtown as the region's center for growth, and we are committed to creating an environment that will attract new businesses and jobs and also support those creative…

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CBRE CEO: 'This Is Unlike Any Cycle I Have Seen In My 33-Year Career'

The average commercial real estate cycle has been known to last between six and seven years before rapid expansion, peaking valuations and overbuilding forces the industry into a nationwide recession. But this cycle has defied those odds.

Commercial real estate has been experiencing a record run of rising valuations for about eight years, and many experts believe the industry still has room to grow. Commercial pricing has been appreciating since the Great Recession, with the Real Capital Analytics…

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4 Things Brick-And-Mortar Retailers Can Do To Lure Back Shoppers

PRESENTED BY:   CBIZ
 

E-commerce's explosive growth has diverted revenue from brick-and-mortar establishments, massive chains and mom-and-pops. But analysts lamenting the death of the physical store may be mourning prematurely. Perspective is necessary. E-commerce represents single-digit percentages of consumer spending in many categories. It…

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Four Seasons Residences Making Progress

More than a year after the groundbreaking, construction is beginning at the Four Seasons Residences in Beverly Hills. The 59-residence project is being built at 9000 West Third St. at the intersection of Third and Wetherly across the street from the…

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7 Of The Most Eco-Conscious U.S. Cities

Cities around the country are pushing for tougher sustainability standards and building more renewable energy infrastructure. A recent analysis by SaveOnEnergy ranked 200 U.S. cities based on their efforts to become eco-conscious cities. The organization analyzed each city's carbon footprint, walkability, bikability, and the number of recycling centers, electric vehicle charging stations, organic grocers and farmers markets, among other factors.

Click here to see how the top seven ranked.

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CRE Pricing Reverts To Post-Election Slump: Here Are How The 5 Sectors Fared In May

Nationwide commercial pricing dropped 0.1% in May, a return to the slump the market has experienced since the election.

Valuations rose in April, the only month since the election of President Donald Trump that commercial pricing improved in all five property sectors, according to Ten-X's monthly pricing index — which combines Google Trends data, proprietary transaction data and investor surveys to determine commercial real estate pricing trends in real time.

“The broader tide of uncertainty is just sort of having an impact on all these numbers,” Ten-X Chief Economist Peter Muoio said. “It is sort of disappointing. The data is the data, but it does suggest that we're not out of the woods.”

Read full story here.

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