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MESSAGE FROM THE PRESIDENT

As we close out another remarkable year at BOMA/GLA, I want to take a moment to thank you—our members—for your unwavering support and engagement. Your dedication has been instrumental in helping us navigate an ever-changing landscape, and I am truly grateful for your contributions to the success of our association.

I also extend my deepest gratitude to our board members, whose leadership has been pivotal in guiding BOMA/GLA through these dynamic times. This year, we took significant steps to strengthen our connections with government leaders to address pressing issues impacting our industry and communities. Notably, the board recently met with Supervisor Kathryn Barger to discuss key topics such as the economy, the direction of the county, and critical issues like homelessness and public safety. These conversations are vital as we continue to champion the interests of our members and the broader real estate community.

This season also marks an exciting transition for our leadership. We recently elected new board members, and we are thrilled to officially install them at our 2025 Real Estate Forecast and Board Installation on January 16th at The LINE LA. This event will celebrate our new board members as they take on the critical work of leading our association into the future. We hope you’ll join us for this important occasion, which also provides insights into the commercial real estate landscape for the year ahead. Your presence and support will make this event even more special.

Lastly, we say farewell to Blake Perez, our Director of Government and Public Affairs. Blake has been an incredible advocate for our members and a key part of our team. While we are sad to see him go, we thank him for his time and contributions at BOMA/GLA and wish him the very best in his new role. I look forward to announcing our new Director soon as we continue building on the progress we’ve made.

Thank you all for making this year one to remember. I am proud of what we’ve accomplished together and excited about the opportunities ahead. Wishing you a joyous holiday season and a successful start to the new year!

~ Michele Ware

Were You There?

Revisiting the Masters Golf Tournament: A Day on the Greens

Looking back at an incredible day at the Masters Golf Tournament last month! From great swings to memorable moments at Palos Verdes Golf Club, it was an event to remember.

Were you part of the action? 📸 Check out the event gallery—you might just spot yourself!

View the Full Photo Album

ChrisMix Gratitude: A Night to Remember and a Cause to Celebrate

Thank you to everyone who attended our ChrisMix celebration at the Petersen Automotive Museum. Whether you were marveling at the iconic car collections, catching up with friends, or simply soaking in the festive vibes, your presence brought the magic to life.

A special shoutout goes to everyone who contributed to our Toy Drive donation pile! Your generosity made the drive a resounding success, and we couldn't be more grateful.

Community Corner

2024 Annual Toy Drive Was a Resounding Success

We are incredibly grateful to everyone who participated in this year’s Toy Drive. The BOMA community's generosity and support made it all possible! Thanks to you, the drive was a tremendous success, bringing joy to both those who collected and those who received the gifts. Thank you for being part of this wonderful effort!

Did you make it to Sort Day? 📸 Take a look at the photo album.

View Sort Day Photos

Behind the Scenes: Toy Drive Pick-Up Crews in Action! 🎁🚛

View the Photo Album

Building Skills Partnership (BSP) and BOMA/GLA Join Forces to Spread Holiday Joy!

Through BOMA/GLA's Annual Toy Drive, dozens of toys were donated to BSP participants, bringing smiles and cheer to families. We're proud to take part in this heartwarming cause!

Learn More About BSP's Programs

Membership & Programs

Start Your Year on the Path to Success!

Kick off 2025 by joining the Rising Star Mentorship Program, where you’ll gain career-changing insights, grow your network, and take your CRE journey to the next level! Whether you're ready to lead as a mentor or learn as a mentee, this is your chance to make big moves.

Don’t wait—the registration deadline is January 15, 2025. Secure your spot today and set the tone for an amazing year ahead!

Become a Rising Star or Mentor

Reach the Right Audience with BOMA/GLA Advertising

In today’s highly competitive commercial real estate market, standing out is more important than ever. With BOMA/GLA’s targeted platform, you’ll gain the visibility needed to outshine the competition. As experts in your industry, we ensure your message reaches the right audience at the perfect time.

Advertising with BOMA/GLA is straightforward and hassle-free. Our trusted partner, Association Revenue Partners (ARP), is ready to help you get started today—and graphic design services are included!

Get Started

Upcoming Events

View Sponsorship Opportunities

📅 January Events ⭐

January Codes and Regulations Policy Briefing - 1/9

2025 Real Estate Forecast and Board Installation - 1/16

January Property Technology Policy Briefing - 1/21

Experience Lakers vs. Celtics at Cosm – A Night in the Dome! - 1/23

January Sustainability Policy Briefing - 1/28

Downtown Power Hour - 1/30

2025 Real Estate Forecast and Board Installation

Stay ahead in CRE! Join us for expert insights on market trends, an economic forecast, and the latest industry developments. Celebrate the installation of our 2025 Board of Directors and connect with the leaders shaping the future. Don’t miss this chance to grow, learn, and lead!

What's Happening in Advocacy

Recognizing Phil Tate’s Outstanding Advocacy Leadership

BOMA/GLA is thrilled to celebrate Kilroy Realty’s Phil Tate, BOMA/GLA PAC Chair, for winning the CBPA Rex S. Hime Champions of Industry Award! The Rex S. Hime Champions of Industry Award is named in honor of CBPA’s Founding CEO and President Emeritus and presented to individuals or companies who have dedicated themselves to improving California's office, industrial, or retail real estate industry.

This incredible recognition follows Phil's winning BOMA/GLA’s inaugural Advocate of the Year Award. We are incredibly proud to see someone who has had such a significant positive impact on our industry be so greatly recognized in this way.

Congratulations, Phil, on this well-deserved recognition!

2025: A Pivotal Year for Building Regulations

The coming year will be crucial for the commercial real estate industry. New regulations, such as the recently adopted SCAQMD Rule 1146.2, which impacts boilers, and the pending Rules 1111 and 1121, which affect the type of central furnace you can buy, will require significant capital investments. Even more impactful policies, like the City of LA's Building Performance Standards program, could follow soon. How we engage in 2025 will shape the capital investments needed over the next 5 to 10 years.

These rules bring challenges. Zero-NOx emission mandates and stricter energy efficiency requirements could mean significant costs for building upgrades. However, there is still an opportunity to shape the degree of these impacts. Now is the time to get engaged.

BOMA/GLA is working hard to advocate for practical timelines, compliance flexibility, and financial support. However, our success will be determined by direct member engagement on these issues.

Please join our Codes and Regulations Committee and Sustainability Committee to engage on these issues. We cannot afford to sit on the sidelines or succumb to cynicism. We have a voice. Let's use it!

Policy Committees in Action

The Safety Matters team presented to our Codes and Regulations Committee about the Safety Matters App—a robust platform designed to streamline safety inspections, incident reporting, and compliance efforts.

Our BOMA Cal Codes consultant presented on recent changes to California's energy regulations. The new rules have limited benefits for building owners, because California is cutting the value of excess solar energy sent to the grid by 75-80%. In response to concerns about cost-effectiveness, the California Energy Commission has rolled back solar requirements for multi-tenant commercial buildings, allowing certain tenant spaces to be excluded from solar capacity calculations starting in 2026.

Our Property Technology “Proptech” Committee spoke on upcoming 2025 topics, which include how Proptech can be used to improve amenity spaces, security & operations, discussions on cyber insurance & AI, how to best manage Proptech once implemented, compliance under the Proptech umbrella, using Proptech to help with hospitality and access controls and ticketing options.

Join a Policy Committee

BOMA on the Frontline - Featured Articles

DTLA 2040 Community Plan: A Vision for Downtown Los Angeles

Los Angeles City Council has officially approved the DTLA 2040 Community Plan, marking a transformative step forward for Downtown Los Angeles. This visionary plan, a decade in the making, aims to address critical challenges like housing affordability, adaptive reuse, and urban vibrancy.

Commercial Revenue Trends Under Measure ULA

The City of Los Angeles has released updated revenue data from Measure ULA, shedding light on its impact on the commercial property sector.

Thank You to Our 2024 Annual Partners

Thank you to our Annual Partners who generously support the mission, vision, work and members of BOMA/GLA. Your continued investment is appreciated.

If you are interested in becoming an annual partner, please Click Here to see the benefits and company exposure. Contact membership@bomagla.org to take advantage of the benefits.