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  • Archive for October 7th, 2016

    Oct 7

    COMMERCIAL REAL ESTATE AWARDS

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    The bi-annual Commercial Real Estate Award Dinner is almost here.  Held on October 20, 2016 at the Fairmont Hotel in Newport Beach, the CBPA Industry Awards Dinner is a chance to recognize the unwavering leadership of individuals and companies dedicated to the commercial industrial retail real estate industry.

    This year the Champion of the Industry Awards goes to Steve Craig, President and CEO of the Craig Realty Group for their accomplishments in the retail development field;  Larry Kosmont, President and CEO of the Kosmont Companies, for their accomplishments in the service development field; and to Bhavesh Parikh with Hines for their accomplishments in the office development field.

    CBPA is also recognizing two companies for their dedication and commitment to community service and the commercial real estate industry. Disneyland Resort will be awarded the John Caldecott Memorial Award for their community charitable actions; and Space Center, Inc is being awarded the Ernest W. Hahn Memorial Award for Legislative Affairs for their service to the commercial real estate industry.

    Lastly, a special recognition will go to BOMA California, celebrating its 30th Anniversary, which will include some special guests who helped found the organization.

    Space is limited, but still available.  Click here for registration information, or contact Melissa Stevens at (916) 443-4676 or mstevens@cbpa.com.

    Oct 7

    ADA/CCDA STRATEGIC PLANNING

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    Next week is a meeting of the California Commission on Disability Access (CCDA) where they will discuss their five year strategic plan.  We are encouraging members of the public and members of the business community that are impacted by ADA laws to get involved in this meeting and participate with the CCDA.  Our industry will have at least two representatives at the meeting, but we really need businesses that are directly impacted by the law to participate and educate members of the Commission about its impact.

    In general, we hope the Commission will continue building on the reform successes of the past few years, find ways to minimize unnecessary lawsuits, continue working with the business community to assure access is expanded in ways that make sense, and encourage the federal government to adopt some of the reforms that California has implemented.  Aside from these specific messages, we want to assure that the Commission knows that the business community is interested, engaged, and paying close attention to these important issues.

    The meeting is open to the public and the Commission is encouraging participation.  This  event will be held on October 13, 2016 at the CCDA Headquarters, located at 721 Capitol Mall, Room 242, (2nd Floor), Sacramento, California  from 1:30 p.m. to 4:00 p.m.

    Oct 7

    NO ON PROP 53 CAMPAIGN RELEASES COMMERCIAL

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    Proposition 53, known as the “Cortopassi” initiative, erodes local control, allowing faraway voters to reject critical infrastructure projects we need. If Prop 53 passes, critical roads and hospital repairs in Sacramento could be delayed for years.  We have joined a growing coalition of more than 250 public safety, local government, business and labor organizations, and taxpayers to oppose this measure.

    Click here to see the video.

    Oct 7

    RETAILERS AND SHOPPING CENTERS PARTNER FOR ENERGY EFFICIENCY

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    Three groups have joined together to empower commercial building landlords and tenants to improve energy efficiency in leased space and reap up to $5 billion in annual energy savings. The Retail Industry Leaders Association (RILA), the International Council of Shopping Centers (ICSC), and the Institute for Market Transformation (IMT) are launching a coordinated national effort, called the Landlord-Tenant Energy Partnership, to reduce energy use across billions of square feet of leased space. Click here to read about it.

    Oct 7

    OP/ED: REAL ESTATE’S VITAL TO THE ECONOMY; TAX LAWS MUST BE WELL DESIGNED

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    The following opinion piece written by Jeff DeBoer, president of the Real Estate Roundtable, was published this week in USA Today.

    The Real Estate Roundtable, a non-partisan group focusing on issues affecting our industry, has long maintained that all business investments, including real estate, be taxed on the economics of the investment. Tax incentives should be rare and limited to situations justified by market failures or societal goals.

    Capital investment by America’s businesses stimulates jobs and economic activity. Tax law allows, through depreciation and amortization, the recovery of capital investment costs. Just as airlines depreciate aircraft, technology companies amortize R&D, and manufacturers depreciate plants and equipment, real estate owners depreciate buildings.

    Click here to read the full piece.

    Oct 7

    ALL THE PROPOSITIONS

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    Here is a list of all the propositions on the ballot with links to the full text.  The commercial real estate industry has taken a position on two; Support the Education Bond (Prop 51); Support the legislative “sunshine” measure (Prop 54); and Oppose the Cortopassi Initiative (Prop 53).

    Proposition 51School Bonds. Funding for K–12 School and Community College Facilities. Initiative Statute. 

    Proposition 52Medi-Cal Hospital Fee Program. Initiative Constitutional Amendment and Statute. 

    Proposition 53Revenue Bonds. Statewide Voter Approval. Initiative Constitutional Amendment. 

    Proposition 54Legislature. Legislation and Proceedings. Initiative Constitutional Amendment and Statute. 

    Proposition 55Tax Extension to Fund Education and Healthcare. Initiative Constitutional Amendment. 

    Proposition 56Cigarette Tax to Fund Healthcare, Tobacco Use Prevention, Research, and Law Enforcement. Initiative Constitutional Amendment and Statute. 

    Proposition 57Criminal Sentences. Parole. Juvenile Criminal Proceedings and Sentencing. Initiative Constitutional Amendment and Statute. 

    Proposition 58English Proficiency. Multilingual Education. Initiative Statute. 

    Proposition 59Corporations. Political Spending. Federal Constitutional Protections. Legislative Advisory Question.

    Proposition 60 Adult Films. Condoms. Health Requirements. Initiative Statute. 

    Proposition 61 – State Prescription Drug Purchases. Pricing Standards. Initiative Statute. 

    Proposition 62Death Penalty. Initiative Statute. 

    Proposition 63 Firearms. Ammunition Sales. Initiative Statute. 

    Proposition 64Marijuana Legalization. Initiative Statute. 

    Proposition 65Carryout Bags. Charges. Initiative Statute.

    Proposition 66Death Penalty. Procedures. Initiative Statute. 

    Proposition 67Ban on Single-Use Plastic Bags. Referendum. 

    Click here to explore all of the propositions in depth.