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Craft breweries continue to absorb South Bay industrial space, having leased nearly 250,000 square feet since 2011/1158/los-angeles-9-17-18-craft-breweries-industrial<img alt="" src="/united-states/en-us/PublishingImages/Snapshots/retail-beer-bottles.jpg?RenditionID=6" style="BORDER:0px solid;" />/united-states/en-us/research/snapshots/1158/los-angeles-9-17-18-craft-breweries-industrialCraft breweries continue to absorb South Bay industrial space, having leased nearly 250,000 square feet since 2011Craft brewer’s demand for industrial space continues to grow since El Segundo Brewing Company and The Dudes’ Brewing Company first opened in 2011.
Commercial asset pricing along the LA river remains near peak/1143/los-angeles-9-10-18-pricing-along-la-river-near-peak<img alt="" src="/united-states/en-us/PublishingImages/Snapshots/river-city-center-urban-buildings.jpg?RenditionID=6" style="BORDER:0px solid;" />/united-states/en-us/research/snapshots/1143/los-angeles-9-10-18-pricing-along-la-river-near-peakCommercial asset pricing along the LA river remains near peakThe eleven-mile area along the Los Angeles River from The Arts District to Buena Vista Avenue in Burbank continues to garner strong pricing from investors and developers who are betting big on the LA River’s revitalization efforts.
Warehouse employee wage growth moderate in coastal markets, but remains stifled in Inland Empire/1127/inland-empire-9-4-18-employment-wage-growth-stifled<img alt="" src="/united-states/en-us/PublishingImages/Snapshots/construction-workers-hard-hat.jpg?RenditionID=6" style="BORDER:0px solid;" />/united-states/en-us/research/snapshots/1127/inland-empire-9-4-18-employment-wage-growth-stifledWarehouse employee wage growth moderate in coastal markets, but remains stifled in Inland EmpireWhile job openings in the US are at record highs and the unemployment rate has bottomed out to the lowest level in decades, wage growth has failed to respond as quickly.
New media wave prompts development boom in Hollywood/1109/los-angeles-8-20-18-new-media-wave-prompts-development<img alt="" src="/united-states/en-us/PublishingImages/Snapshots/people-business-meeting.jpg?RenditionID=6" style="BORDER:0px solid;" />/united-states/en-us/research/snapshots/1109/los-angeles-8-20-18-new-media-wave-prompts-developmentNew media wave prompts development boom in HollywoodHollywood has always been synonymous with entertainment, but in recent years the market has been at the confluence of changes in the media and technology industries.
LA’s new development in the last 10 years and on…/1101/la-8-15-18<img alt="" src="/united-states/en-us/PublishingImages/Snapshots/industrial-silhouette-of-a-worker-on-a-background-sky-jll.jpg?RenditionID=6" style="BORDER:0px solid;" />/united-states/en-us/research/snapshots/1101/la-8-15-18LA’s new development in the last 10 years and on…In the last ten years 365 new industrial properties were built in the LA Basin totaling 32 million square feet.
Is Metro access finally coming to the arts district?/1078/los-angeles-8-6-18-metro-to-art-district<img alt="" src="/united-states/en-us/PublishingImages/Snapshots/transportation-subway-train-lights.jpg?RenditionID=6" style="BORDER:0px solid;" />/united-states/en-us/research/snapshots/1078/los-angeles-8-6-18-metro-to-art-districtIs Metro access finally coming to the arts district?Plans for the West Santa Ana project materialized in the Summer of 2017, and are currently exploring alternative routes through Downtown LA.