Expensive Janitorial Bills Proceed in the Legislature

Join us in Downtown Los Angeles in just two weeks as we raise funds to support our industry during this critical election year. Enjoy bites, beverages, and good times with your fellow commercial real estate professionals! 

CBPA Partner BOMA California's Memorable Day In SF

CBPA’s team joined partner BOMA California at its spring board meeting in San Francisco last Friday, with many memorable moments along the way. BOMA San Francisco hosted the event at the iconic Salesforce Tower, kicking off the festivities 62 stories up with a welcome reception at the top of the building. Senator Scott Wiener joined us at the board meeting to present Immediate Past President Tom Magnussen with a Senate Resolution acknowledging his service to our industry. The event concluded with a special tour of the impressive and expansive Salesforce Transit Center, a major new regional transit hub. Special thanks to BOMA San Francisco for hosting and to all of the attendees for making it a memorable event!

Industry Sponsored Legislation Passes Through First Committee

Reviving Spaces, Revitalizing Cities

California's Adaptive Reuse Bills Clear Committee Hurdle

This week marked a key advancement in sustainable urban development as a set of adaptive reuse bills cleared their way through their first policy committees. AB 2909 and AB 2910, both authored by Assemblymember Miguel Santiago, together with AB 3068, authored by Assemblymember Matt Haney, aim to repurpose existing structures, such as vacant office buildings and commercial spaces, into much-needed residential housing.

These legislative efforts are designed to tackle the state’s acute housing shortage, minimize construction waste, and preserve architectural heritage, while also addressing high office vacancy rates by repurposing these underutilized spaces. Skyler Wonnacott, Senior Director of Government Relations at CBPA testified in support of all three measures, highlighting their potential to streamline the conversion process, reduce regulatory barriers, and quickly boost the availability of affordable housing. These initiatives represent a crucial shift towards more adaptable and sustainable urban planning.

NAIOP SoCal’s Zoning Notification Bill Advances

AB 2904 (Quirk-Silva; D-Fullerton), sponsored by NAIOP SoCal, recently passed out of the Assembly Local Government Committee. This legislation extends the notice period for zoning changes to at least 20 days before scheduled public hearings, ensuring businesses have ample time to adapt their strategies and participate effectively in the decision-making process. Skyler Wonnacott, Senior Director of Government Relations testified in support of the measure on behalf of CBPA and NAIOP California. The extended notice period enhances transparency and predictability, promoting a stable and favorable business environment by allowing businesses to better manage risks, protect their interests, and foster stronger community relations.

Save the Date: New & Approved Industry Awards Dinner

AFFILIATED MEMBERS

ICSC - BOMA California - NAIOP California - IREM California RILA - Nareit - ACRE - AIR CRE

CALIFORNIA BUSINESS PROPERTIES ASSOCIATION PAC IS A STATE GENERAL PURPOSE RECIPIENT COMMITTEE. CONTRIBUTIONS ARE NOT TAX DEDUCTIBLE. PAID FOR BY CALIFORNIA BUSINESS PROPERTIES ASSOCIATION PAC.