Interested to see the impacts to California commercial real estate from AB 2992. I suspect many CA commercial brokers and agents will ignore it, and it is frankly hard to blame them.
An organization has reached peak Peter Principle when their leaders care more about titles, number of reports, and how they appear than they do about the quality of work being done.
@moseskagan Easy to loose track of $20B when the folks in charge are funneling it to a relative's "foundation" to fight homelessness, like Andrew Do did with his daughter's nonprofit.
California and the Biden Administration are creating an absolute mess at the local government level due to their high level "guidance" regarding EV commercial trucks.
@kenashley Is TI $ still an issue? We searched in a major market a year ago and a high % of buildings had no TIA to offer, meaning the tenant had to build out their space at their sole cost and expense.
At this point, strategic reports, like the Biden-Harris report, provide high-level guidance but lack tactical recommendations for dealing with the very real challenges with technology, infrastructure, and local / regional governments.
I read the Biden-Harris National Strategy to Acclerate Deployment of Zero Emission Infrastructure for Freight Trucks. In a nutshell, they propose a staged framework to guide future investment and governance at the State and Federal Level.
It will take all 3 levels of government working together to make ZE commercial trucks a reality. We need more government officials talking about how much additional electrical capacity will be needed to convert from fossil fuels to electricity.