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Industrial for Lease in Gardena (4,500 SF) 1500 W 130th St, Gardena, CA 90249 Industrial for Lease in Gardena (4,500 SF) Multi-Tenant Building 1 Dock High Door, 13-15' Clearance Height 500 SF Unfinished Mezzanine 3 Restrooms, 5 Offices 1500 W 130th St, Floor 1 ...

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  Office, Industrial for Lease in Monterey Park (39,810 SF) 2001 Saturn St, Monterey Park, CA 91755 Office, Industrial for Lease in Monterey Park (39,810 SF) Free Standing Flex/Office Building on 3.5 Acres Great for Biotech/R&D - Building 100% HVAC 18,376 SF Office Space, Ample Parking (154 Spaces; 3.9:1,000) Fully Gated & Secured Yard Area 21' Ceiling Height in Warehouse & 3 DH Doors Nearby Retail Amenities, Close Proximit...

Open For News From Matthews Real Estate Investment Services     ...

A decline in commercial real estate demand could represent an opportunity to reallocate portions toward more affordable housing in California. The COVID-19 pandemic has led to an estimated 175,000 business closures this spring, and the delinquency rate on commercial-mortgage-backed-securities has increased more than fivefold in recent months. According to a recent RAND survey, an estimated 40% of those remaining employed are working from home full-time, and employers are signaling that this may become the new normal. All of this suggests a significant decline in commercial real estate demand. This could be regarded as yet another negative economic effect of the pandemic, but it could also represent a once-in-a-lifetime opportunity to reallocate portions of the built environment away from declining commercial demand and toward the urgent demand for affordable housing. Attempts to "upzone" areas zoned for single-family use – a designation covering 75% of residential land in Los...

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