The new state bill, AB 1547 , targeted at warehouses is in development that will make it increasingly difficult to operate any type of industrial warehouse or logistics center in the state.
The state passed SB 91, a program to designate $2.6 billion in federal aid to qualifying residential landlords and tenants to pay unpaid rental that was accrued between April 1, 2020 – March 31, 2021.
NAIOP Silicon Valley will host our annual Brokers Panel on Wednesday, March 24, 2021, from 11:30 AM – 1:00 PM. Always one of NAIOP Silicon Valley’s premier informational events, our panel of thought-leaders from Silicon Valley will discuss their views on commercial real estate leasing trends over the past twelve months as well as give
The first lawsuit against a commercial local eviction moratorium was filed in Los Angeles County the week of January 18. Iten v. County of Los Angeles seeks to end LA County’s commercial eviction ban. The Pacific Legal Foundation (PLF) represents Howard Iten, the commercial property owner and plaintiff in the case.
2020 brought some unique challenges to the CRE market including work stoppages, design and development changes needed to meet concerns related to COVID-19, and a level of uncertainty of what 2021 may bring to the commercial real estate industry, as cities and counties continue to slowly get back to “normal”.
The Chapter partnered with the Santa Clara County Assessor’s Office to hold a virtual Property Tax Workshop on January 21st for owners of commercial property to discuss Prop 8 and potential adjustment to market values.