As part of the Earthquake Country Alliance’s Northridge Earthquake Anniversary Webinar Series, Episode 4, titled “The Northridge Earthquake – 30 Years Later – A Catalyst for Engineering Resilient Communities,” brought together experts to explore how the 1994 Northridge earthquake sparked significant advancements in earthquake preparedness and response. This session, organized by top engineering and earthquake […]
In business since 1979, Saunders Seismic is a commercial industrial contractor that has specialized in seismic solutions since 1984. We perform seismic retrofits and structural repairs to existing buildings, making them more earthquake-resistant. However, when it comes to seismic retrofits, not all processes are created equal. At Saunders Seismic, our unique Saunders Retrofit delivers unmatched […]
Seismic events pose real financial and structural risks for buildings, especially in earthquake-prone regions. To understand and manage that risk, lenders, insurers, and building owners often evaluate SEL vs. SUL—two seismic loss metrics used to estimate potential earthquake damage and financial exposure. Seismic risk assessments help decision-makers understand how a building is likely to perform […]
Cold storage is quickly becoming one of the fastest-growing sectors in commercial real estate. A recent Skyquest report shows demand is expected to grow from $43.2 billion in 2023 to $118.8 billion by 2031. This surge is fueled by changing consumer habits, new technology, and broader economic shifts. Understanding what drives this demand is essential […]
Last week, the Los Angeles Times reported multiple swarms of earthquakes along the California-Mexico border. Earthquake swarms are common in the Imperial Valley and can be a cause for concern, as major, damaging earthquakes have been known to follow. However, these swarms often occur without leading to a significant seismic event. Despite this, scientists remain […]
The forecast for retail in commercial real estate is undergoing significant shifts, influenced by various factors and trends. Retail Commercial Real Estate will surely be top of mind at the upcoming ICSC Las Vegas conference. ICSC Las Vegas is the largest commercial real estate conference every year, getting top professionals, dealmakers, and innovators worldwide together […]
One of the best annual industrial events in commercial real estate is NAIOP’s I.CON West (& East). This year, in Long Beach, CA, a record-setting crowd of over 1,200 of the industry’s top industrial owners, developers, investors, and vendors attended for expert speaker insights, exclusive tours, networking, and deal-making opportunities. The conference kicked off with […]
“What would have happened if the Earthquake struck during normal working hours?” Fortunately, it was a holiday in 1994, and the notorious Northridge quake struck at 4:31 AM PST. It was an earthquake magnitude of 6.7, and the shaking lasted 10–20 seconds. The quake’s epicenter in Los Angeles’ San Fernando Valley delivered a powerful shockwave […]
Last year there was a lot of speculation regarding a recession on the horizon which could still holds true for 2024. The top factors in 2023 to influence commercial real estate are geopolitical issues, inflation and rising interest rates which would impact all asset classes including Multifamily, Industrial, Retail and Office. For 2024, according to […]
In California, there is a mandatory safety inspection and must be performed before January 1, 2025. According to SB-721, this bill would require an inspection of exterior elevated elements and associated waterproofing elements, as defined, including decks and balconies, for buildings with 3 or more multifamily dwelling units by a licensed architect, licensed civil or […]