Understanding Current Economic Inflation

If you want to have a thorough understanding of the causes for the current economic inflation, then this is the best article I’ve read on the subject recently. Christopher Thornberg of Beacon Economics has an excellent grasp of the details. Surprisingly the cause is not primarily supply chain kinks, but rather consumer demand. And Christopher details what has been driving demand and how the Federal Reserve has blundered in managing the money supply in countering inflation.

Below is the linked article.

What the Fed’s Rate Hike Means… and Doesn’t Mean (beaconecon.com)

Rising Lease Rates

Average Asking Lease Rates have climbed dramatically in the last several years with the largest increases in 2021 and 2022. See below chart showing the steep rise for warehouse asking rental rates in Los Angeles, Orange, Ventura and the Inland Empire per AIRCRE MLS data. These are the major industrial property markets in Southern California. Individual markets and submarkets vary along with building class quality.

Los Angeles Development Opportunity 1.5 Acres of Land

  • Just south of Downtown Los Angeles.
  • Buildings currently leased short term while new owner obtains permits for new development by commercial real estate investor.
  • Two parcels near each other with one being a corner location.
  • Opportunity Zone tax benefits.
  • TOC Transit Oriented Community Tier 3 bonus.
  • For sale: only $235 per square foot of land area.
  • This is not published as a listing in the MLS.
  • Possible to build residential apartments, mixed-use, or develop as self-storage or other retail uses.

In Los Angeles Commercial Real Estate