News & Publications

After several years of pessimism about the retail market, industry leaders report growing optimism about demand for retail space in the Winter 2022 Allen Matkins/UCLA Anderson Forecast California Commercial Real Estate Survey. According to the Survey results, retail developers have solid growth opportunities across the state, especially in areas where surging residential development is increasing demand for retail. The greatest levels of optimism came from respondents in East Bay, Silicon Valley, Orange County, and San [...]

Every state in the U.S. has some form of an unclaimed property law, or UPL. State UPLs generally require businesses that are holding property due and owing to another (i.e., usually money) to hand over that property to the appropriate state government if the business loses contact with the owner for a statutory period known as a "dormancy period." Dormancy periods for various property types range from one to seven years. So, if businesses are [...]

What happens when a property owner refuses to consent to a deed notice to address historic fill on its property? Engineering and institutional controls, often a cap and deed notice, can greatly reduce the cost of environmental remediation.  Where appropriate, engineering and institutional controls can allow remediating parties to avoid costly excavation or treatment of contaminated soil, instead allowing these materials to remain underneath improvements such as parking lots, building foundations, or landscaped areas.  The [...]