For most people, life in Los Angeles is synonymous with traffic. Year after year, LA tops “Cities with the Worst Traffic” lists, the most recent instance being just last month, as reported by Business Insider. Residents know that traveling across town at any time of day is a gamble as far as commute times go, and getting a hotel room for a morning meeting in Santa Monica is not unheard of for a business owner based outside of downtown. Los Angeles is changing drastically because of traffic and is showing no signs of slowing down.
Marc Gittleman talks with Dr. Michio Kaku about the future of office space and the psychological aspects of technology improving tenant experience on October 11, 2017 in Chicago.
As virtual reality becomes more mainstream, its reach will surely extend beyond media and entertainment. At Rising, we believe this technological advancement can and will have positives effects on commercial real estate, particularly when it comes to leasing and team building. It’s important to us to always look ahead, and here are the ways we see VR changing the way we see office space.
By Roger Vincent | LA times
The Jerde Partnership, one of Los Angeles’ best-known architecture firms, will move its headquarters from the Venice boardwalk to downtown as rising rents and traffic congestion speed its departure from the Westside.
Jerde has had offices on the offbeat beachside pedestrian pathway for three decades, but its lease was about to expire and the search for another area office was daunting.
Connect Media attended Allen Matkins’ 2017 View from the Top real estate conference in Beverly Hills. We asked CRE market leaders to share their insights about what to expect in 2018. Watch today’s video to hear what Kilroy Realty’s John Kilroy, Rising’s Christopher Rising, Allen Matkins’ Tony Natsis and NKF’s Kevin Shannon think about what’s on CRE’s horizon. Yesterday, our video was on the market’s biggest trends and deals.
By Chris Rising
Based on the news, the future of physical retail looks grim. The last two years have been commonly referred to as a “retail apocalypse,” and experts are quick to declare that “retail is dead” at every chance on TV. And they’re not entirely wrong. Stores like J.C. Penney, Payless, and Macy’s that used to have a presence in every shopping center on every corner are now filing for bankruptcy or closing stores at an alarming rate. The 1,300 or so shopping malls in America are struggling to fill vacancies and bring in customers. However, while there are some valid, and surprising headlines, what these stories fail to recognize is that are a lot of success stories as well. In fact, it would seem that as long as [customers] truly crave an “experience” and human interaction, there is still very much a need for physical retail stores and malls.
By Julia Wick | LAist
Dwarfed by the neighboring U.S. Bank Tower, the average passerby probably wouldn't even notice the 14-story Southern California Edison Company Building as they make their way between the skyscrapers in downtown L.A.'s Financial District. Missing it, however, would be a mistake.
You may remember Catalina Landing as your departure point on Catalina Express. Catalina Landing is a waterfront 4-building campus totaling 280,000 sq. ft. located at 320-340 Golden Shore in Long Beach, CA. The project unfortunately went through a period under prior ownership where the aesthetics were allowed to deteriorate.
Nossa Familia Coffee goes into the classic 1931 Art Deco CalEdison building
There’s an amazing new place to drink coffee in Downtown Los Angeles and it’s completely hidden from plain view unless one knows where to look. Tucked into the amazing and redesigned lobby of the CalEdison Building in the heart of Downtown LA’s Financial District, this glorious Art Deco space now houses Nossa Familia Coffee, which hails from Portland, Oregon. The Brazilian-style coffee bar will officially open on September 15, though anyone who works in Financial District can pop in now for a quick coffee from 7:30 a.m. to 2:30 p.m.
Make-A-Wish Greater Los Angeles will honor Nelson and Christopher Rising of Rising Realty Partners at its 2017 Wish Gala. The nonprofit, which grants life-changing wishes for children with critical illnesses, has selected the Risings for their long-time commitment to development and philanthropy in Los Angeles.
By Marie Ruff with Matt Ahrens | NAIOP
Time is money and businesses can save both by making the best possible use of technology in commercial real estate transactions. At CRE.Converge 2017 in October, Rising Realty Partners Executive Vice President of Acquisitions Matthew Ahrens will moderate a panel examining how investment firms can use technology to optimize real estate transactions from start to finish. In his role with Rising Realty Partners, Ahrens has led the acquisition of 5 million square feet of office investments with a capitalized value of $1.5 billion. In advance of the conference, NAIOP asked Ahrens for his perspective on using technology to maximize the efficiency and effectiveness of real estate transactions.
By Kelsi Maree Borland | GlobeSt.com
The office investor is becoming known as L.A.’s historic redevelopment guru, and now that it has cracked the code, the firm is taking on two more projects in DTLA.