5 Possible Scenarios For The Future
Of Coworking
The coworking industry is gobbling up the office market like the Cookie Monster on an Ambien-fueled eating binge.
As coworking activity continues to increase in the U.S., including doubling inventory in the past couple of years in major markets, industry experts and asset owners are beginning to study what the future holds for this fast-growing segment.
In analyzing the…
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Hurdles For California's Cannabis Industry Have Slowed Growth, But Many Still Expect A Business High
When California legalized recreational marijuana for adults, Chris Malcolm thought he was going to hit green gold.
The former Berkadia executive had left the firm in 2016 to focus full time on growing his cannabis dispensary and cultivation businesses in Los Angeles.
As early as 2013, Malcolm began selling apartments he owned to buy properties to set up medical marijuana dispensaries.
Malcolm is the CEO and managing member of 3C Cos., which includes Coast to Coast Collective, Cannabal City Collective and 3C Farms.
Malcolm owns…
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Report: California Utility Exploring Sale Of Gas Division, HQ To Cover Damages From Wildfire Claims
In an effort to address liability costs from recent California wildfires, Pacific Gas & Electric, the state's largest utility, could sell its gas division and sell off real estate assets, including its San Francisco headquarters, NPR reported Friday.
PG&E is…
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'The Labor Market Would Like You All To Stop Panicking Now Please': Economists React To December Jobs Report On Twitter
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Amazon's Arlington Campus Is Drawing Developers To A Nearby, Underbuilt Metro Station
With preparations beginning for the Amazon HQ2 campus at National Landing and the associated Virginia Tech campus at Potomac Yard, development activity is ramping up in neighborhoods around nearby Metro stations.
One stop south of the future Potomac Yard station, Alexandria's Braddock Road station has several development sites at various stages, from apartment buildings preparing to break ground to Metro-adjacent properties in need of developer partners. Developers, brokers and city officials expect the two major campuses coming within a 10-minute Metro ride of Braddock Road will be a spark to move forward projects that have been planned for several years.
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