2025 Industrywide Legislative Meeting

March 14th | 10 AM – 12 PM | Zoom

Don't miss commercial real estate’s annual update on newly introduced legislation impacting our industry. This meeting is the final step in the initial review process where we bring together members to review the bill list and set the direction for your advocates in Sacramento. CBPA is a member driven organization and we rely on your feedback as part of this process!

To RSVP, contact Crystal Whitfield at cwhitfield@cbpa.com.

Gather with top commercial real estate professionals on March 19th as we welcome newly elected legislators and honor Sacramento’s outstanding lawmakers. Enjoy a unique opportunity to network with colleagues and state representatives in a stunning 15th-floor venue with breathtaking views of the Capitol.

2025 Legislative All-Star Honorees

Pictured left to right: Assemblymember Juan Alanis, Assemblymember Catherine Blakespear, Assemblymember James Gallagher, Assemblymember Josh Hoover, Senator Roger Niello, Assemblymember Sharon Quirk-Silva, Senator Susan Rubio, Assemblymember Esmeralda Soria, and Assemblymember Avelino Valencia

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Statewide Building Performance Standards

Update On SB 48 - The Building Energy Savings Act

CBPA is closely tracking the new California Building Performance Standards regulatory process that will begin in earnest this year. Authorized by California Senate Bill 48 (Becker; D-Menlo Park) and known as the Building Energy Savings Act, the effort aims to enhance energy efficiency and reduce greenhouse gas emissions in the state's largest commercial buildings – new and existing. The law signed in 2023 directs the California Energy Commission (CEC) to develop an implementation strategy by July 1, 2026, meaning specific requirements and enforcement measures will roll out over time.

As an industry group we are working with allied stakeholders and looking for financial support to engage technical experts in this process. We must engage early to make sure technical and economic considerations are baked into the discussion to support good policy. If you are interested in more information, please let us know.

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Don't miss our exclusive commercial real estate industry PAC fundraisers in a private suite at the new home of the Athletics! Enjoy premium hospitality as we watch the A’s take on the San Diego Padres and Los Angeles Angels at Sutter Health Park in West Sacramento. Special guests to include San Diego and Orange County Area Legislators. Click on a game below for more information on event sponsorship.

PADRES - APRIL 8th

ANGELS - MAY 20th

California Business Properties Association PAC is a state general purpose recipient committee. Contributions are not tax deductible. Paid for by California Business Properties Association PAC. CBPA PAC ID #850288

CBPA Team in Action: DC to SV

Last week, CBPA President & CEO Matthew Hargrove represented NAIOP California at the NAIOP Chapter Leadership & Legislative Retreat in Washington, D.C., where he engaged with legislators on key commercial real estate issues. Hargrove met with several California congress members to discuss critical industry priorities, including tax policy, adaptive reuse, and energy. Meanwhile, CBPA’s Director of Communications and Marketing, Will Hixson, represented BOMA California at BOMA Silicon Valley’s annual awards event in San Jose. We deeply appreciate our continued collaboration with affiliated organizations—our industry’s voice is strongest when we unite around shared goals.

Tejon Ranch Company Announces New President & CEO

CBPA member Tejon Ranch Company is preparing for a leadership transition as Matt Walker steps in as President & CEO on March 31, 2025. With more than two decades of experience at Lowe Enterprises, he brings a background in large-scale real estate development and strategic planning. A fifth-generation Californian, Walker aims to focus on balancing growth with conservation while driving the company forward.

As Tejon Ranch moves into this next phase, the company has recognized the contributions of current President & CEO Gregory S. Bielli, who has led the organization for the past decade. His tenure saw major developments like the Outlets at Tejon and the expansion of the Tejon Ranch Commerce Center. With a strong foundation in place, the company is set for continued growth under Walker’s leadership. Congratulations Tejon Ranch!

ANNOUNCEMENT

Mark Your Calendars For CBPA's Signature Events

August 26-27, 2025

Sacramento

November 6-7, 2025

San Diego

CALENDAR

AFFILIATED MEMBERS

ICSC - BOMA California - NAIOP California - IREM California RILA - Nareit - ACRE - AIR CRE

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