Friday, February 18, 2011

California Commercial Real Estate Industry Leaders Gather in Sacramento

BOMA San Francisco Members:

Over fifty leaders from the commercial, industrial, and retail real estate sectors gathered in Sacramento this week to chart the legislative and regulatory course for the coming year at the first California Business Properties Association (CBPA) meeting of 2011.  Issues ranging from the Governor’s proposal to eliminate Redevelopment Agencies and Enterprise Zones and the proposed tax extensions, to a review of legislation introduced so far were discussed.

Several members of the BOMA California Board of Directors were present including BOMA California President Ray Magnussen (BOMA San Diego) and BOMA California Vice President Sandra Boyle (BOMA San Francisco).

As one of the major professional associations affiliated with CBPA, BOMA California has three voting members on the governing board.  Having a seat at the table of California’s largest real estate coalition reflects BOMA California’s growing activity, expertise, and influence in statewide policy issues, and assures that our members’ input is reflected in statewide industry positions on legislation, regulation, and political issues as they are being debated in the Capitol.

After a morning of policy debate, fourteen newly elected members of the Assembly and Senate joined the group of real estate leaders for a lunchtime discussion and opportunity to learn more about our industry.

The CBPA Board consists of leaders from all facets of our industry.  They meet quarterly to discuss issues, provide input, and assure the strategic direction of policy positions in Sacramento reflect the priorities of member companies.

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