CALIFORNIA COMMERCIAL REAL ESTATE SUMMIT – REGISTER NOW The California Commercial Real Estate Summit (CCRES) will be held from 1:00 pm to 4:00 pm via Zoom on June 8, 2021.  This event is the one time of year that industry leaders from all sectors of the commercial, industrial, and retail real estate industry gather and discuss the issues that impact the way we do business in California.  The summit gives you an opportunity to hear from state-wide elected officials, leaders in the State legislature, ...

GOVERNOR APPOINTS – SENATE CONFIRMS – REX HIME TO HISTORIC POST In a historic action in California, CBPA President and CEO Rex S. Hime has been re-appointed to the California Exposition and State Fair Board by Governor Newsom.  Hime has now been appointed by six different California Governors from both political parties (Newsom, Brown, Schwarzenegger, Davis, Wilson, and Reagan) to various positions. Earlier this week the California State Senate approved the appointment on a unanimous vote. “I ...

AB 255 – GOOD NEWS! We have some good news to report on AB 255 (Muratsuchi; D-Torrance), a bill we oppose in its current form, dubbed the “COVID-19 Emergency Small Business Eviction and Rent Relief Act.” The bill currently seeks to allow one business in a valid private contract to withhold payments for commercial rent owed.  However, amendments have been crafted by the Assembly Judiciary Committee that are designed to address many of the issues that a coalition of 26 business groups have ...

GOVERNOR SEEKS TO PHASE OUT OIL EXTRACTION – DECLARES DROUGHT In a surprise move, and just days after a similar bill was defeated in the Legislature, Governor Newsom directed the Department of Conservation’s Geologic Energy Management (CalGEM) Division to initiate regulatory action to end the issuance of new permits for hydraulic fracturing (“fracking”) by January 2024. And even more disturbing, he requested that the California Air Resources Board (CARB) analyze how to phase out oil extraction ...

INDUSTRYWIDE LEGISLATIVE MEETING! Yesterday on Zoom over eighty leaders/experts from the commercial real estate industry gathered to review more than 540 pieces of legislation that may impact your business. Legislators have introduced over 2,400 bills, since January, and all of those bills have been reviewed and analyzed by multiple committees of experts representing owners and/or managers of retail, industrial, office, and mixed-use properties; we also had several lawyer’s expert in environmental ...

JOB KILLER LIST RELEASED The California Chamber of Commerce released its preliminary list of “Job Killers” which it uses to call attention to the negative impact that 18 proposed measures would have on California’s job climate and economic recovery if they were to become law. As a proud member of the CalChamber and an allied member of the business coalition, we have the opportunity to provide input to the list and do everything we can to make sure that issues impacting the commercial real estate ...

 WAREHOUSE BILL CAUSES CONCERN  Assemblymember Eloise Gomez Reyes (D-Gran Terrance) has announced that she intends to amend her bill, AB 1547, with language that many warehouse owners and tenants believe will continue to drive companies out of the State of California with another policy that will make it very difficult to operate any type of industrial warehouse or logistics center as it may give unprecedented tools to nearby NIMBYs to fight new projects. According to the author’s office, AB ...

SCAQMD WAREHOUSE INDIRECT SOURCE RULE OPPOSED Last week, joining a broad chorus of opposition, California Business Properties Association representing over 400 individual companies and every major commercial real estate association sent a letter in opposition to the South Coast Air Quality Management District’s (SCAQMD) proposed Warehouse Indirect Source Rule (ISR). On behalf of the commercial, industrial, and retail real estate sectors, CBPA expressed concerns that the draft ISR Warehouse Actions ...

COMMERCIAL EVICTION EXECUTIVE ORDER EXTENDED Yesterday the Governor extended the authority for local government to adopt a commercial eviction moratorium through Executive Order N-03-21 to June 30th, 2021. The purpose of the extension is to put the date into alignment with the residential eviction laws – however, at this point none of the other provisions in statute regarding residential evictions pertain to commercial. Please remember, there is no statewide policy on this, as a local government ...

2,369 LEGISLATIVE BILLS INTRODUCED IN CA STATE LEGISLATURE  Last Friday was the California State Legislature’s “Bill Introduction Deadline,” and the tidal wave of bills that were introduced totals 2,369 pieces of legislation to deal with for 2021.  When you add in resolutions and other types of non-binding bills the number climbs to 2,476 bills! Your staff in Sacramento reads every single one of these bills and will start working with our own legislative committees and subject matter experts ...