In an article appearing on law360.com, Simon Adams of Reed Smith’s Real Estate Practice Group was interviewed on the impact of changes to California green building laws and mandates. In particular, his comments focused on new real estate investors and developers: "Certainly, in terms of counseling anybody particularly coming in from outside of the state, we’re … Continue Reading
Sustainable development practices started as a push, with building owners and occupants pushing the industry to create superior product. Slowly, governmental entities have begun to pull developers in the same direction by offering incentives, such as increased floor area ratios or maximum density. It is inevitable that these entities will ultimately move toward mandates, without … Continue Reading
Empty Rates – Good News This post was written by Katherine Campbell and Siobhan Hayes There is some good news for those with rates liabilities for empty properties this week! Since April 2008 rates relief on empty industrial space has been limited to six months. This, as we all know, has caused substantial hardship to landlords with empty … Continue Reading