News & Analysis as of

California Commercial Real Estate Market

Allen Matkins

Industrial’s Positive Momentum

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Across California, the industrial sector is moving in a positive direction, with demand growing faster than supply in both Northern and Southern California. Even tariffs or the threat of tariffs have not dampened enthusiasm,...more

Allen Matkins

Veering in the Direction of a Turnaround

Allen Matkins on

There hasn’t been much good news for the office sector for several years, but positive sentiment is picking up. While there are a few California markets with a negative outlook, there has been marked improvement in San...more

Allen Matkins

Retail’s Flight to Quality

Allen Matkins on

With investors expressing optimism, the retail sector is steady or improving across California. Residential-serving retail is a key bright spot, with specialty stores and restaurants potentially entering a new growth cycle,...more

Holland & Knight LLP

Adaptive Reuse: From Desks to Doorways

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In the first episode of "Property Pointers: Real Estate Law Simplified," Real Estate attorney Jake Lebovic discusses opportunities for adaptive reuse projects in Los Angeles. He explains how converting underused office...more

Coblentz Patch Duffy & Bass

What We're Reading, Watching, and Listening To: June 2025

A roundup of news and multimedia from the Unfamiliar Terrain team: San Francisco - Mayor Lurie names new S.F. planning director (SF Chronicle): Sarah Dennis Phillips has been named the City’s planning director,...more

Weintraub Tobin

State of the CRE Market: Industrial Sector Remains Strong Amid General Volatility

Weintraub Tobin on

In the NBC Show “30 Rock,” Tina Fey’s character, Liz Lemon, remarks to her boss Jack Donaghy (played by Alec Baldwin), “What a week, huh?” He promptly replies, “Lemon, it’s Wednesday.” This sentiment summarizes the mood of a...more

Allen Matkins

What impacts are you seeing from California Assembly Bill 98 on the financing and development of industrial projects? How are...

Allen Matkins on

“We have represented several clients who are looking to acquire and reposition warehouse properties. Today, these properties are not being used for ‘logistics uses,’ the term used in AB 98. For example, one of our clients has...more

Greenberg Glusker LLP

Kevin Sher Describes the Way Forward for SoCal Commercial Real Estate

Greenberg Glusker LLP on

Real Estate Partner Kevin Sher took part in the L.A. Times Studios' Southern California Commercial Real Estate Trends Roundtable, where he was one of three leading industry experts to share his thoughts on the current state...more

Allen Matkins

What kinds of assets are investors targeting in today’s shifting political and economic climate?

Allen Matkins on

“I am seeing continued enthusiasm for existing multifamily assets – particularly those with a value-add opportunity. Although renovations are expensive, the improvement of an existing multifamily asset provides investors with...more

Buchalter

California’s Proposed Vacancy Tax Bill Watered Down to Reporting Requirement

Buchalter on

A bill recently introduced in the California State Senate would have imposed a tax on commercial buildings that have prolonged vacancies, but has been rewritten after facing strong opposition. Authored by California State...more

Patton Sullivan Brodehl LLP

Court Clarifies Value of “Performance Deed of Trust” in Foreclosure

The California Court of Appeal recently clarified how courts should value a Performance Deed of Trust (PDOT) in foreclosure, and affirmed that the performance obligations included in the deed of trust survive beyond...more

Clark Hill PLC

Clark Hill 2025 Commercial Real Estate Outlook: ESG & Sustainability

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In 2025, the commercial real estate (CRE) industry will continue to navigate a new landscape influenced by ever-evolving ESG (Environmental, Social, and Governance) and sustainability trends. In particular, with regulatory...more

Pillsbury - Gravel2Gavel Construction & Real...

Real Estate & Construction News Roundup (2/5/25) – The Effect of Trump’s Policies on the Housing Market, Property Value Loss in...

In our latest roundup, Southern California wildfires impact supply chain, higher material prices threaten future project demand, commercial real estate distress strains regional banks, and more!...more

Husch Blackwell LLP

Essential Resources for California's Commercial Real Estate Landlords and Tenants

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When the damage is finally assessed, the January 2025 wildfires in Southern California will likely be the costliest blaze in U.S. history, and no doubt real estate will comprise a major component of those assessments....more

Weintraub Tobin

Commercial Property Owners, Brokers and Property Managers Beware: California’s Commercial Tenant Protection Act Goes Into Effect...

Weintraub Tobin on

California law has long treated commercial and residential tenancies differently. Consumer protection-focused regulations enacted to protect residential tenants were legally considered inapplicable to business tenants which...more

Husch Blackwell LLP

California's Commercial Tenant Protection Act Shifts Burdens, Costs to Landlords

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California Governor Gavin Newsom signed the Commercial Tenant Protection Act (SB 1103) into law on September 30, 2024, in what supporters billed as first-in-the-nation commercial tenant protections to safeguard the smallest...more

Nossaman LLP

Construction & Claims: March 2024

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Welcome to Construction & Claims, a periodic digest of the headlines, statutory and regulatory changes and court cases involving construction news, claims, bid protests, contract administration and payment-related disputes....more

Nossaman LLP

Deadline Approaching for California Hospitals to Meet Seismic Requirements

Nossaman LLP on

On January 17, 1994, a 6.7 magnitude earthquake struck Northridge, California, resulting in thousands of casualties and approximately $60 billion in damages and economic loss. Hospitals within the impacted area suffered...more

Cozen O'Connor

Cozen Cities - February 14, 2024

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BOSTON — City Leading AI Industry- Boston-area companies are leading in the development of new artificial intelligence (AI) and managing data for AI use. A new report estimates that Boston’s expertise in tech and health...more

Allen Matkins

Sustainable Development and Land Use Update 12.15.23

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The California Department of Housing and Community Development (HCD) approved housing streamlining legislation voted in last week by the San Francisco Board of Supervisors, thus allowing the city to avoid a series of...more

Buchalter

Bankruptcy Trustees and Receivers Beware: The California Second District Court of Appeal Tests The Barton Doctrine’s Limits on...

Buchalter on

In Breanne Martin v. Leslie Gladstone, the Second District Court of Appeal recently decided a case that could reverberate throughout the receivership and bankruptcy industries. This case comes at a propitious moment as...more

Allen Matkins

Life Sciences Real Estate Update - 7.18.23

Allen Matkins on

California was, by January 1, 2023, home to nearly 470,000 jobs that generated $413.7 billion in total business output in 2022, according to Biocom California’s 2023 Economic Impact Report. This represents a nearly 8 percent...more

Perkins Coie

San Francisco Adopts Ordinance To Facilitate the Conversion of Office Buildings to Housing

Perkins Coie on

In downtown San Francisco, office vacancy has skyrocketed as hybrid work has transformed the way in which employers and employees use office space. This, in turn, has decreased activity downtown, negatively impacting the...more

McDermott Will & Schulte

Managing Commercial Real Estate Taxes in California’s Challenging Market

Without a doubt, it is difficult to find something upbeat about California’s current commercial real estate market. Property owners, economists and appraisers all agree that the market is facing one of the most challenging...more

Perkins Coie

Court Orders Refund of All Unexpended Fees in Landmark Mitigation Fee Act Case

Perkins Coie on

A recent decision highlights the importance of strict compliance with the Mitigation Fee Act’s requirement that findings be made every five years concerning unexpended fees. The Sixth District Court of Appeal held that the...more

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