Banc of California is nearly doubling its downtown office presence with a new 40,000-square-foot lease. This move signals renewed corporate confidence in Los Angeles’ commercial core—a positive sign for property managers, service providers, and investors working to revitalize Downtown’s struggling office market.
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Los Angeles County’s Department of Homeless Services and Housing will host a virtual town hall on November 13th at 10:00 a.m. to present the draft FY 2026–27 Measure A Spending Plan. This is an important opportunity for property managers and service providers to share their perspectives on homelessness strategies that directly affect commercial districts and the communities surrounding them.
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This week, members of BOMA/GLA’s Sustainability Committee embarked on a tour of the IRS Demolition facility. The visit offered an in-depth look at how sustainable demolition practices are reshaping the construction and waste management industry.
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To help members stay ahead of the curve, BOMA/GLA’s Property Technology Committee invites you to join Smarter Buildings: How AI and PropTech Drive Value in CRE, a panel exploring how new technologies are streamlining operations, lowering costs, and reshaping the future of commercial real estate.
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FilmLA reports that on-location filming in Los Angeles County dropped 13.2% from July through September compared to the same period last year. This slowdown matters for local property managers and service providers, as fewer productions can mean fewer site rentals, parking agreements, and vendor contracts. State leaders hope that California’s expanded $750 million film and TV tax credit program will help turn things around and bring more production back to the region.
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A new city review of the Los Angeles Fire Department (LAFD) identified areas for improvement in staffing, communication, and wildfire preparedness during the Palisades Fire. The findings could help guide future emergency response planning and support stronger coordination with building owners and managers citywide.
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The nonprofit Hollywood 4WRD is hosting a discussion on Measure ULA and its effect on Los Angeles housing and development. Given ongoing concerns about how this tax discourages investment, delays transactions, and hinders development across Los Angeles, this discussion is especially relevant for our members.
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The Los Angeles City Council has unanimously voted to move forward with a new Olympic/Paralympic Zoning Exemption Ordinance designed to expedite projects for the 2028 Games. This measure could temporarily ease zoning restrictions for facilities, infrastructure, and public spaces—affecting areas where many commercial properties and operations are located.
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The 2025 BOMA Greater Los Angeles Awards Gala was a night to remember! Held at the stunning Skirball Cultural Center, members from across the region came together to celebrate the people who make our industry exceptional.
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West Hollywood is moving forward with an audit of vacant residential and commercial units to better understand why certain spaces remain empty. For commercial real estate professionals, this effort could shape future policies that impact how vacancies are tracked, reported, and potentially regulated.
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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.