Posts Tagged ‘Los Angeles’

The Drayage Industry Continues to Feel the Impact of Worsening Truck Driver Shortage and Chassis Problems at the Ports

Transportation budgets represent one of the highest costs for most shippers to get their products to the end customer. Driver salary is the second largest operating cost (behind diesel fuel) and the shortage of qualified drivers is perhaps the biggest factor pushing up the rates shippers pay for capacity. The drayage industry is already facing […]

Law Firms: Moving On Up

Law firms are on the move in search of greener pastures. Shades of green range from trendier neighborhoods, closer proximity to amenities, new development, and greenest of all: reduced real estate expenses. While the increased desire to relocate has not translated into a surge in leasing activity, the number of relocations has outpaced renewals in […]

Here’s Why 20% Office Vacancy Doesn’t Matter

Earlier this year, we reported on the resurgence of Downtown Los Angeles in recent years and the accompanying strength of the office market. Our Los Angeles Research team found this strength continued into first quarter 2015. In the Central Business District, direct vacancy remained relatively flat at 20.8% with a small amount of occupancy losses […]

Ports Of Los Angeles & Long Beach: The Aftermath – Back To Normal?

Negotiations to replace the ILWU-PMA contract that had expired in July 2014 dragged on far longer than anyone had anticipated. After nine months of negotiations that contributed to monumental cargo backlogs at West Coast ports, the ILWU and the Pacific Maritime Association finally agreed on a tentative five-year contract in February and the tentative agreement […]

Live-Work-Play Model: The Hipsterfication Of Los Angeles

Los Angeles has a limited supply of funky brick-and-timber buildings ready to repurpose. Despite this scarcity, there is an abundance of single-story, stand-alone concrete buildings in soon-to-be-hip areas that can serve as incubators for the start-up creative companies that crop up on a weekly basis throughout the city.