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.
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.
As trusted brokerage professionals, our team always has its fingers on the pulse of the Southern California market. In recent years, the six different Qualified Opportunity Zones in Lancaster have captivated our attention. It’s a place where investors can benefit from reduced pricing and tax breaks in a burgeoning region where industry is already thriving.
Over the last year and a half, the GM Properties team has seen major shifts in the Southern California insurance landscape for commercial properties. In case you have not been informed of such changes, we’d like to update you and make recommendations about how you can prepare yourself for increasing rates, carrier departures, and broker challenges.
GM Properties has performed Asset Management and Leasing services on behalf of a private real estate investor since 2016. The client owned six industrial properties across Santa Fe Springs, CA that totaled 117,000 sf.
At GM Properties, we manage our clients ‘commercial real estate properties with personalized attention and care. Through value-added programs and superior management expertise, our knowledgeable property management team empowers CRE owners of all types to maximize return on commercial real estate investments from industrial facilities to office spaces and retail centers.