Posts Tagged ‘Westside’
How CRE Teams Are Cutting Energy, Water, and Costs
Sustainability is not just a future goal—it’s a present-day operational priority for commercial real estate. At our recent event, “How to Reduce Energy, Water, and Operating Costs,” BOMA/GLA members heard directly from industry experts on how to lower expenses, improve building performance, and stay ahead of growing regulatory expectations.
Read MoreThis Culver City Decision Could Reshape Local CRE Development
Culver City just approved changes that allow more density and mixed-use development near transit, including updates to the Hayden Tract Specific Plan. While this is being driven by housing policy, it matters to our members because it will change how commercial space is developed, leased, and operated moving forward.
Read MoreSanta Monica Extends Homelessness Emergency
The Santa Monica City Council has voted to extend its Local Emergency on Homelessness, marking the fourth year under the emergency declaration. The move allows the City to continue fast-tracking funding, services, enforcement tools, and housing initiatives — decisions that directly affect how commercial properties operate.
Read MoreCulver City Development Permit Fees — What CRE Should Know
Culver City has implemented an updated Comprehensive Fee Schedule that increased certain development-related fees charged during the permitting process for construction and renovation projects. Fees are paid by property owners and they can influence leasing timelines, tenant build-outs, and reinvestment activity — all areas commercial real estate professionals manage every day.
Read MoreSelf-Certification Pilot Aims to Shorten Santa Monica TI Timelines
The Santa Monica City Council has approved a new self-certification permitting program that will allow certain commercial tenant improvement projects to receive building permits in as little as one day. For commercial real estate professionals, where construction timelines often determine when a tenant can open and start paying full rent, this change could directly affect leasing activity, vacancy periods, and project planning.
Read MoreWhat Santa Monica’s New Vacant Property Law Means for CRE Owners
Santa Monica City Council has adopted an ordinance that expands how vacant properties are regulated and monitored across the city. Importantly for BOMA/GLA members, these requirements apply to commercial properties—including office, retail, industrial, and mixed-use buildings—that are fully or substantially vacant.
Read MoreWestside CRE Watch: From Santa Monica Self-Certification to SB 789
Over a dozen Westside Regional BOMA/GLA members gathered at Tishman Spyer’s Zo Lounge (special thanks to our friends Amal Higier and Frank Gaugler for the space) in beautiful Beverly Hills for a Happy Hour and information sharing session update on the state of commercial real estate on the westside.
Read MoreWindstorm Threatens Southern California This Week
A dangerous windstorm is expected to hit Southern California, especially Los Angeles and Ventura counties, starting Tuesday January 7th.
Read More2024 Operating Benchmark Report is Now Available
We’re excited to announce that the 2024 Operating Benchmark Report is now available! For the second year in a row, taxes and insurance are the top building expenses.
Read MoreSanta Monica Approves Zoning Changes to Promote Nightlife and Entertainment
The Santa Monica City Council approved an interim zoning ordinance aimed at promoting economic recovery in the city’s downtown area.
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