Long Beach and the South Bay continue to be important centers for commercial real estate, investment, and business growth. Recent local government actions focused on housing, parking, economic development, transportation, and long-term planning efforts could affect property owners, tenants, and future investment.
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The statewide ballot measure that many in the commercial real estate industry viewed as an opportunity to reform California’s tax landscape has been withdrawn from the November 2026 ballot following a last-minute agreement between state leaders and the measure’s sponsors.
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BOMA/GLA Director of Government and Public Affairs Christopher Bowen testified before the Senate Judiciary Committee in support of AB 2418, our co-sponsored legislation to help streamline permitting for commercial tenant improvement projects. The bill once again received unanimous support, marking another major milestone in the legislative process.
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Don’t miss our upcoming educational event designed to help commercial real estate professionals understand current seismic requirements, navigate the retrofit process, and work more effectively with the Los Angeles Department of Building and Safety (LADBS).
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Commercial real estate professionals are navigating a rapidly changing operating environment. From evolving safety requirements and permitting challenges to shifting vacancy trends across the industrial market, staying informed is essential to making sound business decisions.
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Being a BOMA/GLA member is about more than attending events, it’s about becoming part of a community that helps shape the future of commercial real estate.
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The countdown is over! This weekend, BOMA/GLA is proud to welcome commercial real estate professionals from across the country to Long Beach as the Local Host for the BOMA International Conference & Expo 2026.
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Monterey Park voters recently approved a measure that permanently prohibits data center development within the city. While the measure was shaped by concerns over utility demand, infrastructure capacity, and compatibility with surrounding neighborhoods, it also highlights the increasingly complex factors cities are weighing when evaluating major commercial development proposals.
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As cities across California implement state housing mandates, Pasadena continues positioning itself as a leader in transit-oriented development-creating new opportunities and long-term considerations for commercial real estate.
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Los Angeles voters made several important decisions this month on tax measures that will shape the region’s fiscal landscape and reinforce why BOMA/GLA continues to monitor tax policy at every level of government.
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Opinions expressed in this article are those of the author and do not necessarily represent the positions of BOMA Greater Los Angeles. For media inquiries and questions about BOMA/GLA's policy positions, please email [email protected]. You can also find additional information about our policy positions on our website.