Market Trends
BOMA International Releases Guide to EV Charging Stations
BOMA International Releases Guide to EV Charging Stations EV Charging Station, Market Trends, Parking Based on current market trends, electric vehicles are expected to make a substantial impact on transportation and the economy. In fact, by 2030, over one-third of vehicles on American roads are projected to be electric. As such, the number of EV…
Read MoreIs ‘Office Space Dead’ After COVID? Far From It.
Within mere weeks of COVID-19 and remote working, commentators had written the obituary for office space, claiming that the post-pandemic life would spell the end for traditional work spaces and commercial real estate. However …
Read MoreCounty Judge Orders LA Officials Must Provide Evidence to Stop Outdoor Dining
Last November, the LA County Board of Supervisors voted to shut down all outdoor dining until December 16th, citing rising COVID-19 infection rates throughout the region. However, many restaurants and businesses would oppose such …
Read MoreLA Launches LA Optimized to Support Small Businesses
Launching early next year, LA Optimized is a new program offered by Los Angeles to support small businesses impacted by the COVID-19 pandemic. Due to increased levels of unemployment and uncertainty, many newer businesses have found it more difficult to …
Read MoreThe Future of Shared Workspaces: Unventured, But Promising Investments
Over the past two years, the future of shared workspaces seemed dark and at a dead end. With demand for coworking space at an all-time low and with COVID-19 creating a transition to remote working, it felt like major companies like WeWork were quickly losing relevance. However, recent events prove that the shared workspace industry is still alive, and has so much potential for innovation and growth.
Read MoreWeWork’s Slump Spells Trouble for Property Owners
Recently valued at over $47 billion, WeWork made it their mission to be a major asset to the commercial real estate industry. Boasting over 45 million square feet of office space, WeWork set out to create access to diverse workspaces for many small businesses itching to save operating costs. However, the company is facing serious monetary concerns …
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