LA County’s Q2 2025 commercial real estate market is facing challenges in both office and industrial sectors. For our members, knowing these trends is essential to guiding clients, managing properties, and planning ahead.
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Last night, over 25 of our members came together for a lively happy hour at Media Studios in Burbank. Where they were able to enjoy drinks, laughs, and valuable updates from the Economic Development Department of Burbank and the Community Development Department of Glendale.
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Being ready for emergencies is more important than ever. As a commercial real estate professional, you play a key role in keeping your buildings, tenants, staff, and visitors safe. Join us on September 24, 2025, for our Active Shooter Preparedness Seminar to learn practical, life-saving strategies for protecting your properties.
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Despite concerns over economic impacts, the LA City Council voted to raise the minimum wage for airport and hotel workers to $30 an hour by 2028.
This change will directly affect hotels, airports, and related service providers — key tenants and partners for many in commercial real estate. Higher operating costs could impact leasing, service contracts, and tourism-driven property revenue, especially as the city prepares for major events like the Olympics.
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The City of Long Beach’s 2026 proposed budget of $3.7 billion targets key areas like public safety, housing, infrastructure, and economic growth—which could directly affect your properties and businesses.
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The Central City Association (CCA) recently shared a study showing that turning offices into housing would boost the economy, create jobs, and new housing.Â
These findings support flexible code implementation and incentives, offering our members additional options to consider.
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President Trump signed the One Big Beautiful Bill Act (OBBBA) into law, bringing a range of tax breaks and opportunities that can benefit the CRE industry.
Benefits include lowering the cost of making building improvements, freeing up cash for operations, and protecting key tax tools that support long-term investment.
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CRE industry experts warn that cutting or privatizing Energy Star’s Portfolio Manager tool could make it harder to meet energy rules and raise costs for building owners.
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The LA County Board of Supervisors just approved a plan to speed up film permits and grow the industry, which could mean more filming, tenants, and investment for local commercial properties.
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In a powerful show of engagement, nearly 20 BOMA/GLA members sat down with newly elected LA District Attorney Nathan Hochman to discuss Proposition 36.
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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.