INSIGHT: Coronavirus Challenges Facing Commercial Property Owners
March 26, 2020
Amid the impacts of supply and demand shocks, social distancing, quarantines, and event cancellations, they must remain responsive to the needs of employees, lenders, tenants, and customers, all of whom are feeling the pandemic’s effects.
Read More →
Choosing a Commercial Property Management Firm
March 5, 2020
A Competent and Professional Manager Can Safeguard Your Investment and Keep Your Tenants Satisfied.
Read More →
Four Steps To a Water Management Plan
August 7, 2019
Developing a water management plan instead of a mere Legionella plan is more beneficial to keeping a building’s occupants safe.
Read More →
Regular Inspections and Testing Keep Fire Sprinklers Working Properly
August 2, 2019
The reliability and effectiveness with which sprinklers operate cuts both the human and financial costs of fires. Here’s how to make sure they will work when needed.
If fire suppression systems don’t operate when they should, both lives and property are put at risk.
Read More →
Reports Peg Dalian Wanda’s Sale of One Beverly Hills at $420M
November 16, 2018
One Beverly Hills may finally have a new owner. Chinese conglomerate Dalian Wanda Group has sold the property to London-based Cain International and Beverly Hills-based Alagem Capital Group.
The buyers have reportedly agreed to pay $420 million for the property at 9900 Wilshire Blvd., according to the Wall Street Journal, which cited a source familiar with the matter. Wanda put the property up for sale earlier this year.
Read More →
Major Turnaround Coming to California Market Center
November 23, 2018
One of the biggest projects in Downtown Los Angeles, in terms of sheer size, is the transformation of the California Market Center. It aims to turn the hulking, 56-year-old complex into a modern mixed-use hub, and expand beyond its traditional tenant base of fashion showrooms by adding creative office space and extensive ground-floor retail.
Although work has already begun, Brookfield Properties, which acquired a stake in the property in 2017, last week finally revealed its full plans for the project, including how it will create more than 1 million square feet of new creative office space.
Read More →
