By Dennis Kaiser | Connect Media
Connect Real Estate Los Angeles featured a jam-packed afternoon of conversations, networking and presentations. More than 500 gathered at the Hotel Indigo in DTLA and heard from commercial real estate leaders and economists about the trends driving decisions in Los Angeles.
The investment and development panel was moderated by Cushman & Wakefield’s Marc Renard, and focused on factors driving redevelopment and new development opportunities in Los Angeles, as well as a regional view on investment, development, and asset performance in SoCal.
The rapid growth of tech and related companies seeking a more creative or modern work environment has pushed developers and building owners to provide the type of space those companies demand.
Rising Realty Partners’ Chris Rising says it is important today to consider more than just rent costs though. Companies kicking the tires on space now look at total employee cost, as part of a location search. They want to make sure the work environment – including spaces with compelling historic stories, amenities and a dynamic surrounding neighborhood – will help them to compete for great employees.