Lee Segal with his in-depth strategic and tactical knowledge of commercial and industrial real estate has written extensively on the subject. Find recent articles below:
This Week’s LA Deal Sheet
LIMO Co. signed a venture with Smoky Hollow Industries to improve and redevelop six mid-century industrial buildings in the Smokey Hollow District into creative office space.
The industrial properties are near the corner of Sepulveda and El Segundo boulevards across from the Chevron El Segundo Refinery.
The Industrial-to-Creative Office Conversion
Converting a traditional industrial building to creative office space is a fantastic idea for landlords — as long as the location is right and parking is attainable. Industrial owners should consider the following issues before making their final decision:
Poor Proposition to Raise Taxes in California
Two California senators, Loni Hancock and HollyMitchell, introduced a constitutional amendment June10 to change Proposition 13 for commercial real estate owners.
Changing The Landscape in El Segundo’s Historical Smoky Hollow District
City of El Segundo pitching in to help industrial real estate owners in the Smoky Hollow District convert to creative office.
Segal Commercial Properties leased 57k SF of industrial space in Carson
Segal Commercial Properties leased 57k SF of industrial space in Carson to an international company that manufactures adhesives, solvent cements, and plumbing and roofing items.
More Creative Office for El Segundo
One developer eager to take advantage of the boom in El Segundo (which we have told you about several times) is Lee Segal. He’s managing general partner of LIMO Properties, which owns six industrial buildings totaling about 120k SF in the Smoky Hollow area, all of which are at El Segundo and Oregon.
Troubling Signs in Real Estate
California lawmakers must act to shore up commercial properties by boosting Hollywood production.
Higher taxes, the high cost of commercial real estate, and a lack of government subsidies are moving jobs to other states and preventing lucrative companies from doing business in California.
Lee Segal is named the managing general partner of LIMO Properties
President of Segal Commercial Properties and California commercial real estate expert, Lee Segal, is now managing general partner of LIMO ..