The following article is based on insights shared by Greenberg Glusker partners Schuyler “Sky” Moore and Michael Wiener during their recent webinar on the One Big Beautiful Bill Act (OBBBA), signed into law on July 4, 2025.
California Senate Bill 789 proposed a statewide Commercial Vacancy Tax of $5 per square foot annually on unoccupied commercial spaces. The bill was defeated in the Senate Appropriations Committee and will not advance in 2025—a relief for property owners already navigating prolonged vacancies amid shifting market conditions.
In recent years, energy disclosure laws have become increasingly prevalent across various jurisdictions in Southern California. These regulations aim to promote transparency in energy consumption and encourage improvements in building efficiency. For building owners, understanding and complying with these laws is crucial to avoid potential penalties and to enhance property value.
Due to new regulations under AB 2992, GM Properties is providing the following information to help you understand its implications. This summary is based on insights from the official California State Legislature website AB 2992, a California Business Properties Association (CBPA) Webinar, and an AIR CRE Town Hall.
In a significant move toward environmental sustainability and public health, California has enacted Assembly Bill 2208 (AB 2208), which mandates the phase-out of fluorescent lighting. Effective January 1, 2025, the sale and distribution of linear fluorescent lamps (LFLs) will be prohibited statewide.
In a significant move toward environmental sustainability and public health, California has enacted Assembly Bill 2208 (AB 2208), which mandates the phase-out of fluorescent lighting. Effective January 1, 2025, the sale and distribution of linear fluorescent lamps (LFLs) will be prohibited statewide.
Starting January 1, 2025, California property owners will need to adapt to SB 1103, a new law introducing comprehensive protections for Qualified Commercial Tenants (QCTs). As a property owner, understanding these regulations is essential for maintaining compliance and fostering strong tenant relationships. GM Properties is here to guide you through these updates and ensure your properties meet the latest legal requirements.
In navigating the complex landscape of Americans with Disabilities Act (ADA) compliance, the experienced team at GM Properties is dedicated to safeguarding the interests of property owners, whether managing older or newer buildings. It’s imperative to recognize that although the ADA laws have not changed significantly, the standards and specifications that define how they are enforced have evolved over the years.