• Established in 1972 · CBPA has over four decades of service to the commercial industrial retail real estate industry
  • Archive for April 1st, 2014

    Apr 1

    CALIFORNIA ECONOMIC DEVELOPMENT CONFERENCE

    Posted by Crystal Whitfield | No Comments

    Delivering quality resources to their community businesses and supporting the local economy are things that California’s economic developers do every day. The 34th CALED Annual Training Conference is an opportunity to celebrate their successes and learn from the best in the state about how you can take care of business!

    This year’s conference is focused on next practices and best practices in economic development. By attending, you will learn about:

    • Economic development: best and next practices

    • Professional development

    • Economic development financing: project and business finance

    California’s Economic Developers are Taking Care of Business! 

    Apr 1

    GREEN CALIFORNIA SUMMIT & EXPOSITION

    Posted by Crystal Whitfield | No Comments

    The 2014 Green California Summit & Expo taking place at the Sacramento Convention Center April 8-9.  The event is shaping up to be the biggest green government conference ever. Over 200 suppliers of green products and services and upwards of 6,000 attendees are expected. The Summit will feature keynote speakers, an educational program of full-day workshops, concurrent sessions, product showcases and networking opportunities. For information and to register,click here.

    The Green California Summit is the most important annual conference in California focused on the Golden State’s sustainability goals and the strategies, best practices and technologies that are helping state and local government achieve these goals.

    Whether setting aggressive renewable energy goals, enacting the nation’s first mandatory green building code, launching a pioneering effort to retrofit millions of  buildings constructed before the state had energy standards, or setting the goal of 1.5 million Zero Emission Vehicles on state roads, California sets the pace of green programs in the U.S.

    Apr 1

    GO-BIZ ROLLS OUT TAX CREDIT PROGRAM

    Posted by Crystal Whitfield | No Comments

    The Governor’s Office of Business and Economic Development (GO-Biz) rolled out the California Competes Tax Credit which is a new tax credit for companies that want to expand or relocate to California. Business interested in taking advantage of the new program click here.

    Apr 1

    SUPPORT FOR PARCEL TAX SUNSHINE BILL

    Posted by Crystal Whitfield | No Comments

    (NOTE:  Last week we provided an incorrect link in this story, so we are re-running to correct)

    We have come out in strong support of AB 2109 (Daly; D-Anaheim) which would increase transparency and oversight of locally imposed parcel taxes. Our friends at CalTax note that during the past several decades, parcel taxes have become an increasingly popular option for local entities looking to raise revenue for various programs. Yet no statewide data exists pertaining to these taxes, nor is there state guidance or oversight of local agencies that impose and administer them. This has produced a disjointed parcel tax system that is plagued with inconsistencies.

    AB 2109 requires the State Board of Equalization to annually submit to the governor a report on locally-imposed parcel taxes. This report will provide valuable information for state and local lawmakers in determining how many past parcel taxes have been levied, how much revenue has been generated by those taxes, and what programs have benefited from the revenue.

    Apr 1

    MEDIA: “7 BOLD COMMERCIAL REAL ESTATE PREDICTIONS”

    Posted by Crystal Whitfield | No Comments

    CNBC.COM posted a piece entitled “7 Bold Commercial Real Estate Predictions,” by Robin Micheli.  “Conjuring the future of commercial real estate begins by conjuring our future. How will we work, live, shop or do business? Perhaps no other investment sector is so closely tied to people’s most fundamental needs and behaviors; its evolution, to a large extent, follows ours.” We don’t endorse this list, nor do we even agree with it, however we feel you should be aware of how our industry is being portrayed and potentially may provide some “food for thought.”

    Apr 1

    AB 1103 BENCHMARKING

    Posted by Crystal Whitfield | No Comments

    If you are not yet ready for the mandatory benchmarking regulations or are unsure how they apply to you, read further.  As of January 1, 2014, you are required to benchmark all nonresidential buildings of more than 10,000 square feet anytime they are sold, fully-leased, or re-financed. Click here for infographic that will walk you through the basics.

    Throughout the end of last year we partnered with the Energy Commission to help owners/managers better understand the policy issues related to the implementation of the AB 1103 and want to make sure we continue to communicate with our members about their responsibilities under the law.  Click here to visit the CEC informational page that gives you all the details about how to comply.

    Apr 1

    AB 1103 BENCHMARKING – COMMENTS SOUGHT

    Posted by Crystal Whitfield | No Comments

    California’s Mandatory Benchmarking Law AB 1103, officially called the “Nonresidential Building Energy Use Disclosure Program,” has been in effect since January 1 of this year.  We would like to know how it is working for your company.  If you have gone through an AB 1103 triggered benchmarking and reporting please send us any brief comments about your experience – good or bad or just observational on the process – by emailing Matthew Hargrove.  We will compile your comments, remove any company specific identifiers, and share with the CA Energy Commission as part of our ongoing partnership with them to help implement this law as smoothly as possible.

    Apr 1

    PILOT PROGRAM TO IMPROVE PROPERTY TAX ADMINISTRATION

    Posted by Crystal Whitfield | No Comments

    The Legislative Analyst’s office has released a report on the “Pilot Program to Improve Property Tax Administration” contained in the Governors 2014-15 Budget Proposal.   The LAO provides an overview of local property tax administration and review the administration’s proposed three-year pilot program to improve tax administration and generate state General Fund savings. “In particular, we (1) describe how the current property tax system weakens the incentive counties have to fund property tax administration, (2) review and evaluate the administration’s three-year pilot program to improve county incentives, and (3) provide recommendations regarding the pilot’s design. In our view, the administration’s pilot program merits the Legislature’s serious consideration but could be improved by incorporating several modifications.”  Click here to read the full report.

    Apr 1

    SB 1473 “GREEN FEES” BULLETIN

    Posted by Crystal Whitfield | No Comments

    The BSC periodically distributes general information bulletins to help clarify issues and resolve inconsistencies in the application of building standards laws and rules. These bulletins are not intended to replace or supersede the requirements of the laws and rules but help explain them. Bulletin 14-01 – March 25, 2014  Filing Permit Surcharge Fee (“Green Fees”) has been released and will be of interest to anyone engaged in new construction, including major tenant improvement. Click here to read the PDF.

    Apr 1

    EV-READY BUILDING STANDARD PROPOSALS

    Posted by Crystal Whitfield | No Comments

    In response to an Executive Order issued by the Governor in late-2012, the Department of Housing & Community Development (HCD) and the Building Standards Commission (BSC) are moving forward with regulations to require EV-Ready building standards starting in July of 2015.  As opposed to installing fully operational (and costly) charging stations for electric vehicles, these building standards would be limited to items which would facilitate the later installation of the charging stations at a significantly reduced cost.

    For example, all new homes will be required to have an electrical panel with enough empty plug slots to allow for the later installation of EV charging equipment.  In addition, there will also need to be 1-inch wide conduit (piping) for the later installation of the wiring connecting the electrical panel with a point in the garage.  For apartment complexes having more than 16 units and commercial projects, similar requirements for electrical panels and conduit will apply to 3% of the parking spaces.

    At least six legislative measures have been introduced that seek to help the state understand what the need for charging infrastructure is, anticipate what it will be, and come up with ideas on how to help meet the demand.  As an industry, we view these measures as positive steps forward.  However, it is rumored that another bill is being considered that will mandate installation of charging infrastructure.  Such an idea, forcing property owners to charge cars, has been meet with opposition in the past by a wide range of groups – not just the commercial real estate industry.

    Environmental organizations and the Air Resource Board had argued for fully functioning EV charging facilities, however, HCD and BSC have chosen to move forward with only “EV-ready” regulations.  The formal regulatory process will start in April and adoption is expected this summer with the standard applying to projects whose permit applications are submitted to the local building department on or after July 1, 2015.

    Apr 1

    LAND USE BILL WOULD IMPACT URBAN PROJECTS

    Posted by Crystal Whitfield | No Comments

    We are also taking a very close look at AB 1961 (Eggman) which imposes a new zoning mandate on counties, referred to as a “Sustainable Farmland Strategy,” that is unbalanced, lacks focus and invites significant for conflicts for commercial real estate with a complicated overlay on other well-established local and regional planning processes.   Those include city adopted general plans, regional planning efforts of Senate Bill 375, and existing LAFCO requirements to plan for orderly growth and avoid leapfrog development.

    When land use conflicts arise they inevitably lead to disputes and disputes trigger time delays, increased costs and the imposition of significant new hurdles that heighten the potential for litigation for positive, economically necessary, job generating infrastructure and development activities California so critically needs.

    Apr 1

    BILL MANDATES PAID SICK LEAVE

    Posted by Crystal Whitfield | No Comments

    One quickly moving bill that we have taken an oppose position on is AB 1522 (Gonzalez) as it would add to the already growing number of costs for California businesses by requiring both small and large employers to provide their employees with mandatory, protected, paid sick leave.

    AB 1522 mandates that all employers, except those with collective bargaining agreements, provide any employee who has worked in California for seven days with paid sick leave, the accrual rate at one hour for every thirty hours worked.  After the 90th day of employment, employees would be allowed to utilize their paid sick leave to care for themselves or a family member.  Furthermore, any unused sick leave accrued in the preceding year could be carried over to the next year, which is a significant change in existing law.

    While many employers voluntarily offer sick leave for full-time employees, expanding this to all employees including temporary, seasonal, and part-time employees will create a huge burden on employers in the commercial real estate industry.  We stand with the CalChamber and many other employers across the state to oppose this bill and will keep you posted.