LA's Top Landlords Talk Value Creation and Opportunity Zones

LA's Top Landlords Talk Value Creation and Opportunity Zones

By Alison Stateman | Commercial Observer

Landlords that want to prosper need to have their finger on the pulse of demographic changes, according to some of the industry’s top landlords who spoke on a panel devoted to the owner’s perspective at Commercial Observer’s Inaugural Financing Commercial Real Estate Forum in Los Angeles.

Chris Rising on Tech Impact on Tenants and Why the Western Market Rules

Chris Rising on Tech Impact on Tenants and Why the Western Market Rules

By Alison Stateman | Commercial Observer

Chris Rising, 49, has witnessed the evolution of the office market firsthand. As a former lawyer and assistant to brokerage legend John C. Cushman, before co-founding Rising Realty Partners with his father Nelson Rising, a noted developer of the U.S. Bank Tower in downtown Los Angeles, among other properties, he has watched as technology radically impacted office space and design. Since 2011, Rising Realty has played a major role in shaping development in downtown Los Angeles.

Pace of Innovation and Office Needs

Pace of Innovation and Office Needs

By Chris Rising

Over a relatively short period of time, artificial intelligence and complementary technologies once thought of as only possible on “The Jetsons,” have become commonplace in our modern office environment.  These major leaps in technological advancement have made our workplaces more efficient, connected, and even environmentally friendly in some cases. However, such advanced systems require clear and fast channels of data transmission to work at optimal levels.

Our Commitment: Green Janitor Program

Our Commitment: Green Janitor Program

By Kayce Hawk

As part of Rising’s environmental impact strategy and commitment, our DTLA portfolio participated in the Green Janitor Education Program, a statewide program developed by Building Skills Partnership to reduce the carbon footprint of green commercial buildings. The program addresses the operations and maintenance practices of certified green buildings, specifically the energy management and green cleaning practices in commercial buildings, by providing vocational training for janitorial staff.

What Millennials Really Want in their Office Environments

What Millennials Really Want in their Office Environments

By Chris Rising

By 2025, millennials will make up 75% of the workforce. We’ve talked previously about how millennials are changing the CRE landscape and the evolution of the modern office, but what do millennials want out of their office environments? The research may surprise you. Let’s look at what we’ve learned and how Rising is staying ahead of the trends.

Technology Tools that the Real Estate Pros are Using

Technology Tools that the Real Estate Pros are Using

By Chris Rising

I host a podcast called The Real Market. I started this podcast as a way to bring the real estate conference panels to your headphones - on your time, wherever you wanted. I interview some of the biggest names in the real estate industry - brokers, architects, investors, and developers to learn what they do, how they do it, and what drives their success. We talk about the latest trends across regional markets, capital flows, both national and global, and explore technology's role in shaping all of them.

Where Are We Now? Rising's Mid-Year Review

Where Are We Now? Rising's Mid-Year Review

By Chris Rising

Economic metrics indicate that the economy is “on fire” with the lowest unemployment rate in 50 years. Headlines read: “Trump tax breaks giving companies more profits!”. The data shows the fundamentals of the economy are strong overall. In actuality, our view is more like an old cheeky television ad: things are “good, but not great”.

Urbanize Goes Inside The Trust Building

Urbanize Goes Inside The Trust Building

By Steven Sharp | Urbanize LA

Last month, Rising Realty Partners granted us a tour of The Trust Building, a historic building now in the midst of a full restoration in Downtown Los Angeles.

Completed in 1928 at 433 S. Spring Street, the 11-story structure will offer 338,000 square feet of rentable space atop ground-floor retail upon completion later this year.  Originally known as the Title Insurance and Trust Building, it is being redesigned by a team that includes Gensler and Architectural Resources Group to make the vintage property appeal to modern tenants.

The Closing: Chris Rising

The Closing: Chris Rising

By Alexei Barrionuevo | The Real Deal

Chris Rising is co-founder and president of Rising Realty Partners, a real estate operator and investor based in Downtown Los Angeles. Since relaunching in late 2011, the firm has played a big role in shaping DTLA’s development. Rising Realty Partners is best known for buying the historic PacMutual building for $60 million, spending $25 million to renovate it and ultimately selling it for $200 million — a record Downtown sale at the time. Last year, the firm paired with Colony NorthStar in the purchase of One California Plaza for $460 million. Rising is currently working on a renovation of the 320,000-square-foot former Title Insurance Building at 433 South Spring Street. 

Electric Scooters - Here’s What We’re Doing About It

Electric Scooters - Here’s What We’re Doing About It

In recent months, the Los Angeles area has seen a dramatic increase in the number of electric scooters (e-scooters) on the roads, particularly on the Westside in the neighborhoods of Venice and Santa Monica. We should expect to see more e-scooters in other parts of LA now that the Transportation Committee has approved guidelines for dockless electric scooter companies to operate within city limits, especially in DTLA. We also believe cities with thriving urban cores like Glendale, Pasadena, Burbank, and Long Beach will soon see an influx.