Although the local CPI has hovered between 0-2% since the recession. In 2017 we have seen it steadily rise above 2% to a current 2.5%. This will affect the annual increase increments for new leases signed. Historically industrial escalation clauses demanded a floating increase between 3-5%, whatever the CPI at the time.
The City of Los Angeles developed The LA Business Portal, which provides all of the information you need to plan, start, manage, and grow your business. This is a good resource for business owners moving into the city limits. There is guidance on zoning, compliance, employees, registration, etc…
Former American Apparel Facility. Classic Brick Buildings, BowTruss Roof Roof, Great Natural Light. Creative Campus conversion: art gallery, live/work. Warehouse, Manufacturing, or Cannabis/Cultivation/Growing Uses. Skylights, Sprinklers, Gated Parking. 1,200 AMPS of power, 120/240 Volts, 3 phase. Adjacent to Slauson Central Retail Plaza: Starbucks, Fatburger, etc. 10 minutes south of DTLA Arts District. For sale.