Anaheim Ducks Owner Will Develop Entertainment, Retail Centers Around
Honda Center After Striking Deal With City
The Anaheim City Council approved a new deal with Henry Samueli, the owner of the Anaheim Ducks, that keeps the hockey franchise in the city through 2048 or, with five five-year extensions, as long as 2073.
As part of the deal struck in late November, Anaheim will sell three city-owned parking lots totaling 16 acres around the arena at 2695 East Katella Ave. for $10.1M, according to a staff report.
The site will be entitled for urban-style…
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With Standoff Against The Angels, Anaheim Mayor Wants Angel Stadium To Be Appraised
In what could be construed as a parting shot to the Los Angeles Angels baseball team or a way to prepare the new mayor and city council members, outgoing Anaheim Mayor Tom Tait has asked city staff to produce an appraisal report of the city-owned roughly 150-acre Angel Stadium.
In a 5-2 vote, the current city council Nov. 20 called for staff to seek an appraisal report of the stadium, just a month after the Angels terminated their stadium lease agreement and a couple of weeks before a new…
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SoCal Power Women: 5 Questions With JPI's Rosie Cooper
This limited series profiles SoCal Power Women who have helped shape cities, neighborhoods, businesses and lifestyles in Los Angeles and Orange counties. These women will be honored at Bisnow's SoCal Power Women event Dec. 13.
With more than 15 years of experience, Rosie Cooper has played a crucial role in JPI's success in California. Cooper originally joined JPI in 2006. After working with the U.S. Department of Homeland Security, BRE Properties and MKS Residential, she rejoined JPI in 2015. Earlier this year, she was promoted to executive vice president and regional managing partner of the company's Western Region Office, overseeing multifamily operations. Cooper is responsible for acquisition, development, construction, operations and disposition activities in Southern California and Phoenix. She graduated from the U.S. Air Force Academy.
How do you describe your job to people who are not in the industry?
Cooper: Simply put, we build apartments. That's also how I explain it to my kids. If they want more detail I generally expand with, “We find…
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No Time For A Correction: Regional Industrial Outlook Remains Strong, Experts Say
Even with a possible correction looming over the real estate market, the Southern California industrial market continues to remain hot and show no immediate signs of a slowdown, experts say.
The Los Angeles basin boasts a 1.4% vacancy rate, the lowest in the country, Cushman & Wakefield Vice Chairman Jeffrey Cole said at Bisnow's The Future of SoCal Industrial event Nov. 28 at the Omni Los Angeles Hotel at California…
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Revisiting 2018's Biggest CRE Predictions: The Good, The Bad And What We Got Wrong
As we look toward the new year and consider the new challenges and possibilities 2019 will bring for the industry, Bisnow revisited its commercial real estate predictions for 2018 to determine just how far off we were. From the continued expansion of the economy to the booming industrial market, turns out we were pretty spot on. We analyzed 22 of our predictions and how those trends played out (or didn't).
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Grave Climate Realities Do Little To Dissuade Builders Chasing Profits, Population On The Coasts
Trillions of dollars in properties and developments along the coastal U.S. are being threatened by a warming planet, according to a groundbreaking government study released this month.
But to some developers, global warming, rising seas, strengthening storms and their respective surges are still too abstract — or even not really believable — to deter their investments in commercial properties along the coast, where the country's most valuable real estate still lies. Even those who do agree that the Earth's climate is changing for the worse see Americans continue to move to coastal cities, people who need places to live, work and spend.
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Real Estate Investors Riding The Cycle: Why Some Are Still Bold And Others Cautious
Real estate investors are attacking the long real estate cycle differently — some choosing caution and others believing there is still time to be aggressive in the marketplace.
“I'm very concerned about where we are in the cycle,” said PMRG Investments President Roger Gregory, whose company will change its name to Madison Marquette in the fourth quarter. When he is evaluating a five-year value-add hold, there could very well be a downturn sometime during those five years, Gregory said.
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