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June 3, 2019

Millennials Are Driving The Creative Industrial Trend

How will tech, data-driven care and nontraditional market players impact the brick-and-mortar of healthcare? Find out at Healthcare West June 20

Millennials and employers looking to attract this new generation of workers with an authentic office space are driving the demand for creative industrial products in Los Angeles, respondents said in a recent Bisnow survey.

Respondents believed the trend of transforming small and midsize warehouse buildings into hip creative offices will continue to thrive.

Millennials Are Driving The Creative Industrial Trend

"This is not a fad," one respondent said.The creative industrial trend has been happening for at least the past decade.Many former warehouses that once were occupied by air conditioning companies and small manufacturers have been converted into hip office campuses with high, exposed ceilings, polished floors, exposed bricks, collaborative indoor and…

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$400M Skyscraper Planned For LA's Miracle Mile

Miracle Mile is getting a new megadevelopment.

Developer Walter N. Marks is planning to build a $400M, 42-story luxury multifamily skyscraper along Wilshire Boulevard and La Brea Avenue, according to the Los Angeles Times.

$400M Skyscraper Planned For LA's Miracle Mile

Architect Richard Keating is designing the Art Deco-style, 371-unit tower at 5407-5411 Wilshire Blvd. The multifamily apartment building will set aside 56 units for low-income tenants.Marks has owned the 1-acre site, which is currently a 45K SF Staples, since 1988, according…

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‘A Minefield Of Traps': To Handle Insurance Claims, Shopping Centers Need A Legal Team Early

PRESENTED BY:   Abir Cohen Treyzon Salo, LLP
 
‘A Minefield Of Traps': To Handle Insurance Claims, Shopping Centers Need A Legal Team Early

A violent hailstorm. Defective construction. Stolen copper piping. There are hundreds of different reasons a shopping center owner might need to file an insurance claim. Often, owners believe that they are best off pursuing these claims on their own. What these owners don’t realize…

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In LA, Office Space Is At A Premium. How Can Companies Find A Space To Meet Their Needs?

PRESENTED BY:   Avison Young
 
In LA, Office Space Is At A Premium. How Can Companies Find A Space To Meet Their Needs?  

The demand for office space is on the rise across Los Angeles. In areas like Santa Monica and the Westside, rents have shot up as vacancy rates plummeted, making it harder for some LA companies to find quality space.  But according to Avison Young Principal…

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WeWork Opens In Newport Beach, Its 7th Location In Orange County

WeWork Opens In Newport Beach, Its 7th Location In Orange County  

WeWork is continuing its expansion in Orange County.   The coworking giant is opening its seventh location in Orange County at Granite Properties' 100 Bayview Circle building in Newport Beach.  “WeWork’s…

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‘Hospital Patients Are Getting Sicker And Sicker’: CommonSpirit’s Jeff Land At Bisnow's Healthcare West

PRESENTED BY:   Bisnow
 
‘Hospital Patients Are Getting Sicker And Sicker’: CommonSpirit’s Jeff Land At Bisnow's Healthcare West  

The most pressing questions in healthcare real estate will be discussed at Bisnow’s National Healthcare West event June 20. Speakers will weigh in on topics like the industry’s big-name mergers and acquisitions, the future of ambulatory care, telehealth and MOBs and where the need for technology is most crucial. Register here for the event.

For over two decades, Jeff Land called the shots for where Dignity Health invested in facilities. This year, his job just got a lot harder. In February, Dignity and Catholic Health Initiatives, known as CHI, merged to become CommonSpirit Health,…

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Anti-Abortion Legislation Threatens Business Climate In Fastest-Growing Parts Of U.S.

North Carolina took a nearly $4B hit to its economy when companies and tourism-generating events left the state after it passed anti-LGBT legislation in 2016. Three years later, other Sun Belt states seem to have missed the lesson in business and politics. 

Georgia, Kentucky and Mississippi have passed similar bills this year where abortion is banned once a heartbeat is detected. Arkansas and Utah have passed bills banning abortion after 18 weeks of pregnancy. Alabama passed the strictest ban, outlawing the procedure entirely with few exceptions. 

Businesses have cautioned the legislation would impede their ability to recruit female talent and that they would have to look to other states for future growth if the bills became law. 

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Privately Owned Student Housing Is Just Co-Living With Different Branding

 

As universities rely on off-campus housing to accommodate their growing populations and the trend of co-living brings multifamily closer to dorm life, the definition of student housing has become harder to pin down.

With the deluge of institutional and foreign capital that has entered the student housing market, developers have been able to build at scale more consistently and at a higher level of quality in the past few years. Now, it doesn't take much for a developer to call a multifamily building near a college campus student housing, The Annex Group founder and CEO Kyle Bach said.

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