Commercial Real Estate Awards Panel Discussion

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VIEW PANEL DISCUSSION RECORDING


The Los Angeles Business Journal hosted a FREE commercial real estate forum discussion, our panel of experts weighed in on the latest Los Angeles developments and how the market will be impacted in 2021.

PANELISTS & TOPICS

Office & Industrial Update

  

Darla Longo
Vice Chairman
CBRE

“The industrial market is at an inflection point as e-commerce is gaining fast momentum and transforming into the new retail. This already existing trend has been accelerated by extremely favorable interest rates, availability of debt, increasing rents, and tenant demand.”

  

Jodie Poirier
Executive Managing Director, Los Angeles
Colliers

“With a greater population of nearly 19 million residents, the nation’s largest manufacturing base, the nation’s largest international trade industry, global ports in both LA and Long Beach, and wide-ranging venture capital investment, LA is well-positioned to adapt and thrive in the post-pandemic world.”

  

Lisa Reddy
Vice President
Prologis

“Continued acceleration of e-commerce adoption is increasing demand for logistics real estate. This is happening at all steps of the supply chain. In particular, customers are seeking to expand operations in urban, last mile facilities.”

  

Kevin Shannon
Co-Head of U.S. Capital Markets
Newmark

“While investment capital for office product largely remains on the sidelines awaiting key data points for post pandemic rent, velocity of the recovery and the utilization rate of office space, and industrial and life science investment activity have remained strong as investors have pivoted towards these more resilient sectors in favor with their proprietary research.”

  

Jaclyn Ward
Managing Director
JLL

“Commercial real estate will continue to serve as a vehicle to support business productivity. While we anticipate changes in tenants’ occupancy strategy and utilization of spaces, we believe the office will remain a lynchpin for highly innovative and collaborative companies.”

L.A. Rising: Development Update

  

Jon Blanchard
Founder & CEO
BLVD Hospitality

“Feel the fear and do it anyway.”

  

Larry Bond
Chairman
Bond Companies

“The pandemic disrupted real estate. Winners in this cycle will use software and tech to repurpose buildings at a pace not seen before.”

  

Arden Hearing
Executive General Manager
Lendlease

“We look forward to bringing strong placemaking and quality to a fast growing hub of energy in Los Angeles.”

  

Eric Schreiner
Executive Vice President-Southern California Operations Manager
AECOM Hunt / AECOM Tishman

“As the #1 general contractor in LA, we continue to see a strong appetite from developers to contribute to enhancing the fabric of our communities with iconic projects, both large and small, to make our city a more thriving and vibrant place to be.”

The Changing Face of Real Estate in 2021

  

Phillip J. Bond
Executive Vice President, Chief Credit Officer
Farmers & Merchants Bank of Long Beach

“At Farmers & Merchants Bank we are first and foremost real estate lenders. The commercial real estate markets that surround us are something we are very attuned to with particular attention to values and emerging trends.”

  

Karen Hallock
Associate
DLA Piper

“Given the current market, it is important to maintain flexibility from a land use perspective to respond to fluctuations in demand and new areas of growth.”

  

Frank J.H. Schulz, SIOR
Managing Principal
The Klabin Company

“The seemingly unstoppable institutionalization of commercial real estate and its effects on ownership, brokerage, data, and the relative diminution of negotiation is rapidly changing the SoCal market.”

CONGRATULATIONS TO ALL 2021 NOMINEES!


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Inside This Supplement

Coronavirus Impact Survey Reveals Light at the End of the Tunnel
Respondents to a recent NAIOP tracking survey of the pandemic’s impact on commercial real estate indicate improving rent collection rates, increased industrial investment activity, and a more positive outlook for employment in their firms… Read More

CRE Development and Operations Support Eight Million Jobs
New development of commercial real estate and of the ongoing operations of existing commercial real estate buildings in the United States – office, industrial, warehouse and retail – supported eight million American jobs… Read More

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