Posts by Tucker Hughes

Who is Hurting & Who is Thriving in Los Angeles Commercial Real Estate

Tucker Hughes on November 10, 2020

Now that we are two full quarters deep into the global recessions caused by the COVID-19 virus, the effects of the pandemic are becoming crystal clear in the commercial real estate industry. Everyone understands that the retail, hospitality, travel and leisure, and entertainment industry categories are completely distressed, so much so that we have seen tens of thousands of businesses already lost across the country.

There are, however, several bright spots in the economy despite the challenging circumstances. For example, we have not seen as significant of a loss of the businesses that occupy office facilities as many had anticipated, and the industrial and lab sectors of the space market economy have generally outperformed even compared to the pre-pandemic days.