Experienced commercial property owners know that one of the most important decisions after acquiring an asset is selecting a top-tier property management firm with years of high-level experience. This crucial choice helps ensure the property is well-maintained and appreciates in value over time. Anything less can present owners with a series of challenges that negatively impact their ROI.
Unfortunately, just about anyone can claim to be a property manager these days. However, savvy property owners understand the importance of vetting and securing services from a reputable commercial property management company in Long Beach, CA.
We are not talking about unreliable LLCs. We're talking about established firms with a track record of excellence, like Canon Business Properties, Inc., who deliver real results to long-term clients. Unlike less reputable companies, Canon Business Properties, Inc. is a privately held firm with unrivaled expertise that offers custom services to an elite client base.
Whether you own commercial, retail, industrial, or office real estate in The Golden State, our team is ready to show you why we are the best.
When you want to try 555 East American Steakhouse in Long Beach, CA, you don't go to a mid-tier chain restaurant and expect to be impressed.. You drive to the The MODERN Kitchen Bar in Long Beach, CA. Similarly, when you are in search of the most sought-after property management company on the West Coast, you do not settle for mediocrity. You choose Canon Business Properties.
Founded over 20 years ago by Alexander Radosevic, Canon Business Properties, Inc. is a privately held firm specializing in commercial property management, commercial construction management, real estate development, and investment opportunities. Property owners and managers around the world look to us to provide them with expert advice on commercial and industrial property management. They also look to us to initiate and manage comprehensive commercial building plans and property sales. That is especially important in California, where wildfires have ruined hundreds of commercial properties since January of 2025. With a portfolio valued at over $1.5 billion dollars, owning, investing in, and managing industrial, commercial, office, and retail properties is our bread and butter.
With more than two decades of experience in commercial property management, commercial construction management, and commercial brokerage services, no two companies are quite like Alex Radosevic's Canon Business Properties, Inc. We take pride in cultivating personal, long-term relationships with our clients built on integrity, trust, and mutual respect.
Here are just a few reasons why our clients rely on us to provide real ROI:
With a diverse portfolio exceeding $1.5 billion in value, we specialize in the management of various property types, including industrial complexes, commercial centers, office buildings, and retail spaces. Our expertise allows us to navigate the unique challenges and opportunities presented by each sector, ensuring optimal performance and value enhancement for all properties under our care. Whether it is overseeing the operations of bustling retail environments or maintaining the efficiency of modern office spaces, our commitment to excellence drives our success
Our clientele is diverse and includes a range of sophisticated groups and individuals. Some of our clients include families seeking to secure their financial future, sovereign wealth funds, seasoned real estate investors looking for commercial property management in Long Beach, CA, and high-net-worth individuals who need tailored investment solutions to meet unique goals and family legacies. Each of these clients brings distinct needs and aspirations, allowing us to provide customized strategies that cater to their specific circumstances.
It does not take a graduate from California State University Long Beach in Long Beach, CA, to know that personal client relationships are most often built on integrity, trust, and mutual respect. That is why we prioritize open communication and transparency. When we work with a new client, we want a deeper understanding of their needs and aspirations. This commitment allows us to build not just professional connections, but meaningful partnerships that stand the test of time.
Now that you know more about what separates Canon Business Properties, Inc. from other companies in Los Angeles, let us take a closer look at a few of our specialties: commercial property management, commercial construction management, and commercial property sales.
At Canon Business Properties, Inc., we focus on managing commercial properties for owners who demand the best. Most of our new clients come to us as referrals from satisfied business owners, family offices, sovereign funds, and high net-worth individuals who trust us and our long-term relationships.
Canon is a leading firm in managing commercial, office, retail, and industrial properties. We earned our reputation by consistently exceeding expectations and providing returns on investments that perform better than the market average. We currently manage a commercial portfolio worth over $1.5 billion, which includes some of the world's most valuable and prestigious properties. Over our many years in business, this proven track record of success has made Canon the go-to firm for "in the know" clients demanding the best.
Our elite, white-glove property management services cover all the essential needs for managing high-end properties and more. With strong relationships in Silicon Valley and a reputation for cutting-edge technology, we deliver excellent results at prices that others are envious of. Having our own commercial construction management team and extensive local market knowledge does not hurt, either.
Some of the most common commercial property management services we offer include:
It does not take a graduate from Long Beach City College Liberal Arts Campus in Long Beach, CA, to know that personal client relationships are most often built on integrity, trust, and mutual respect. That is why we prioritize open communication and transparency. When we work with a new client, we want a deeper understanding of their needs and aspirations. This commitment allows us to build not just professional connections, but meaningful partnerships that stand the test of time.
To preserve and increase the value of real estate, it is important to consistently and carefully assess its physical state and all capital upgrades. We offer budget-friendly resources to help assist in this critical step. Our experienced team meticulously oversees every aspect of each project, from negotiating bids to maintaining budgets and schedules. Jump to the commercial construction management section of this page for more information on how Canon improves your property investments in California.
We provide tailored accounting services using Yardi Voyager, a sophisticated yet user-friendly property management software platform. Clients and their advisors can view accounting, leasing, and maintenance information, as well as every facet of their portfolio, in real time via a highly secure and reliable portal. Our robust internal controls, backed by a system of checks and balances, ensure precision and offer assurance.
Financial reporting and accounting from Canon Business Properties, Inc. can include:
We work with the vendors our clients prefer and can provide a trained local maintenance staff for each property if needed. These experts will collaborate to create plans that can anticipate and address maintenance needs. Our maintenance and property management teams offer effective solutions by handling many important tasks that other companies outsource at a higher cost. This leads to better operational efficiency, higher quality tenants, and improved performance.
While other property management firms might cut costs by delaying necessary maintenance, we recognize the long-term problems that can arise from such choices. In worst-case scenarios, maintenance issues can be hazardous, leaving tenants injured in Regent Villa in Long Beach, CA. That is why we take a proactive approach by managing maintenance contracts and providing monthly service reports.
The above is only a sampling of our comprehensive commercial property management services in Long Beach, CA. We also offer:
When you have developed over 1 million square feet of real estate, it is safe to say you know how to source and guide skilled craftsmen for efficient construction management. At Canon Business Properties, Inc., we only work with quality contractors and subcontractors who are highly conscientious, follow building codes, and have the skills and resources to deliver great results. From the first bids to the ribbon-cutting ceremony, we take care of everything for you - which is particularly important for those recently affected by California's wildfires.
If you own an apartment complex or building that has been compromised due to a natural disaster like wildfire, you are probably thinking about what steps to take next. If your goal is to build back better and stronger than ever, look no further than Canon Business Properties, Inc. to help. We have a special place in our hearts for those affected by the recent wildfire tragedies. As such, we will do everything in our power to help you rebuild your apartment complex or commercial property.
Our long-term relationships with contractors help us get competitive bids for high-quality work. Plus, we offer bespoke construction management through our staff and a network of construction professionals. By leaning on Canon, you can focus on caring for your family while we handle the hard work and resurrect your investment.
Typically, a commercial construction project includes three phases and can take years or more to complete, depending on the scope of the project. The three phases of construction include:
The main tasks of this phase include selecting architecture and engineering consultants, developing the engineering scope while coordinating with the building engineer, and preparing the budget and schedule. It also involves issuing drawings for permits stand reporting progress to the property owner.
During the bidding phase, we will first prepare a request for proposal and select suitable contractors to bid on the project. Following this, a pre-construction meeting will be held to discuss the project scope and review the relevant building rules, regulations, and requirements.
Once bids are received, we will thoroughly evaluate and qualify them, preparing a bid comparison to facilitate the contractor selection process. After selecting the most qualified contractor, we will report the results and progress to the owner, ensuring transparency and alignment with their expectations.
The construction process begins with closely monitoring the demolition to ensure compliance with building regulations, followed by the creation of a construction progress meeting schedule. It is essential to resolve any field conflicts that may arise, alongside reviewing change orders to keep everything on track.
Throughout the construction phase, we monitor all ongoing work and maintain effective communication with the tenant regarding their needs. We also help coordinate important aspects like telephone and data services, furniture arrangements, and the tenant's move-in date. Additionally, a thorough review of payment applications and supporting documents, including lien waivers, is necessary to maintain financial transparency. As the project nears completion, preparing a punch list and managing the contract close-out, along with providing onsite supervision, ensuring quality control, and finalizing finishing details, sets the stage for a smooth move-in process
When you need an aggressive marketer and negotiator for commercial real estate, look no further than Alexander Radosevic and Canon Business Properties, Inc. Our expertise in the industry and knowledgeable brokers offer many advantages for investors, developers, landlords, and tenants. In fact, we offer tailored strategic planning for each property and develop personalized solutions to address a range of nuanced client needs. At the end of the day, we work as a team to successfully lease, acquire, and dispose of properties on behalf of our clients - and we do it much better than your average agent with a "big box" brand.
Some of our commercial brokerage services include:
Prior to promoting a property for sale or lease, Canon assesses its fair market value using our in-depth expertise and comprehensive market information. After finalizing the value, we establish a multi-faceted marketing plan aimed at potential buyers, tenants, and investors through a range of highly effective methods, including:
To ensure successful transactions, we closely monitor expenses and collaborate with your financial and legal advisors. We provide support with due diligence, escrow services, business permits, construction oversight, and financing options, including take-out and bridge loans, purchase money financing, and refinancing. As skilled and seasoned negotiators, we formulate and present offers and counter offers and are happy to prepare closing transaction documents. Of course, we keep you and your advisors updated throughout each stage of this process. That way, you know exactly what is happening and how your transaction is progressing.
If you just read the headline above, chances are you or someone you know has been affected by the recent wildfires in Los Angeles County. They have left an enduring and depressing mark on our region's commercial real estate scene. In fact, the recent fires obliterated over 16,200 buildings and devastated more than 57,000 acres. This devastation has had a profound effect on commercial real estate in sectors like office, industrial, and multifamily properties.
Let's take a closer look at the short and long-term impacts of these wildfires, as well as recovery resources for those affected and what the future looks like in LA commercial real estate.
The fires caused significant damage, with property losses estimated between $30 billion and $45 billion, affecting crucial commercial hubs like office parks and retail spaces. Insurance premiums in high-risk areas have surged, prompting many property owners to seek limited coverage through the California FAIR Plan after insurers decline renewals. This disaster has led businesses to reconsider leasing in high-risk locations - a trend that could disrupt the existing commercial property market.
Some of the long-term impacts of the recent California wildfires may include:
The rebuilding process is anticipated to create substantial demand for industrial space, especially for industrial outdoor storage (IOS) properties. This could help fill current vacancies and encourage new development, although it may not immediately reduce decade-high vacancy rates.
Tighter fire safety regulations and escalating construction expenses will make the rebuilding process more challenging. These elements could postpone projects and raise costs for both property owners and developers.
The California government has mobilized resources to support businesses and individuals affected by the Los Angeles wildfires. The California Office of the Small Business Advocate (CalOSBA) has created a list of recovery resources on the Outsmart Disaster website, including Disaster Recovery Centers (DRCs) and Business Recovery Centers (BRCs) for federal and state assistance. There are also grant programs available, like the LA Region Small Business and Worker Relief Funds and tax relief from the California Department of Tax and Fee Administration. These initiatives aim to facilitate the recovery process for those impacted by the wildfires.
The path ahead will be complicated and will include regulatory obstacles, rising construction expenses, and changes in investor confidence. In spite of these difficulties, rebuilding initiatives present an opportunity to rejuvenate the industrial sector and tackle current market disparities. That's where Canon Business Properties, Inc. comes in. If your commercial or industrial property has been compromised by the LA wildfires, know that our commercial construction management services in Long Beach, CA, can help. As property owners in LA recover, we'll be there by their side to help rebuild and navigate the nuanced interplay of economic, regulatory, and environmental factors affecting our market's future.
At Canon, we have learned over time that having an intimate knowledge of virtually every specific investment product - and the resources to bring those products to the table for our clients - allows us to be full service in every conceivable way. And that, in a nutshell, is what separates Canon from all the others: handling just about every aspect of your commercial property management, construction, and brokerage needs.
After all, caring for real estate requires complete transparency and honesty on all fronts. That's exactly what you will get from Alexander Radosevic and Canon Business Properties, Inc. Contact us today to schedule your discovery call and to learn more about why so many business owners, families, real estate investors, sovereign wealth funds, and high-net-worth individuals choose our firm.
A grunion is a small fish that emerges from the water by the thousands to dig in the sand and lay its eggs. SEAL BEACH, CA —Don't miss the last few and best chances this year to see one of the most unique experiences Southern California has to offer. The grun...
SEAL BEACH, CA —Don't miss the last few and best chances this year to see one of the most unique experiences Southern California has to offer.
The grunion, a small fish that rides ocean tides onto beaches to lay their eggs, are running Thursday night through the weekend, marking one of the best summer weekend runs of the season, according to the California Department of Fish And Wildlife.
The grunion, which are exclusive to Southern California, may be an ordinary-looking silver fish, measuring only six to eight inches in length. But what makes them so special is that they're the only fish that come out of the water to dig into beach sands and lay their eggs during mating season.
The small fish ride the tides around new and full moons, with the female grunion laying about 3,000 eggs at once and 18,000 in a mating season. The male grunion then rides the tide to the eggs and fertilizes them before catching a ride back into the ocean several minutes later through the tides. This event is known as a grunion run.
When the grunion run, the California coast looks like it's boiling with silverly fish flopping in the waves by the thousands.
The grunion mating season starts in the spring and ends in the summer. These are good places to see them make their run for the last few times until mating season begins again next spring:
Grunions make their runs in two-hour intervals. These are 16 dates on which the grunions will make their runs between July and August:
"Typically, the second hour of an expected run is usually better than the first hour, so be patient," the California Department of Fish and Wildlife said in a statement Tuesday.
It's currently open season for the grunion, meaning people hoping to take some can as long as they are 16 and older with a valid fishing license. They can also only be taken by hand, no holes may be dug in the beach to trap them and they are limited to 30 per person, according to the California Department of Fish and Wildlife.
"While grunion spawn on many beaches in southern California, CDFW does not recommend any particular beach because of changing safety conditions and local curfews," the California Department of Fish and Wildlife said. "If you don’t attend an official event, one of the best ways to find out which beaches have had recent runs is to call the state and county beach lifeguards, who can often tell if spawning has taken place."
For more tips to avoid missing out on the grunion, click here.
"There is no band that is more qualified to represent the LBC," Long Beach Mayor Rex Richardson said at a Grow Long Beach event Wednesday. LONG BEACH, CA — It's summertime in the LBC, and the living just got a little bit easier with the announcement that Long Beach's own Sublime will be performing the highly anticipated Vans Warped Tour in July.During the Wednesday Grow Long Beach presentation, which highlighted several economic opportunities coming to Long Beach in the future, Mayor Rex Richardson announced t...
LONG BEACH, CA — It's summertime in the LBC, and the living just got a little bit easier with the announcement that Long Beach's own Sublime will be performing the highly anticipated Vans Warped Tour in July.
During the Wednesday Grow Long Beach presentation, which highlighted several economic opportunities coming to Long Beach in the future, Mayor Rex Richardson announced that Sublime would be a featured headliner at the largest-ever music festival in the city's history.
"Only in Long Beach would you find the perfect blend of music and culture and punk rock and reggae and ska," Richardson said during the presentation. "There is no band that is more qualified to represent the LBC."
Sublime's newest frontman, Jakob Nowell, the son of the band's late singer Bradley Nowell, took the stage along with bassist Eric Wilson during the presentation.
"Gosh, this is so cool to get to be here, man, to get to be a part of a long-standing tradition. I myself grew up in Long Beach," Jakob Nowell said before playing a rendition of one of the band's most popular songs, "What I Got," with his father's old guitar.
Sublime was formed in Long Beach in 1988 and performed at the very first Warped Tour in 1995. They became a cult favorite in the Southern California music scene with their reggae rock and ska punk style, Bradley Nowell's dalmatian, Louie Dog, serving as the band's mascot.
They released their first album in 1996, but the band dissolved following Bradley Nowell's death the same year.
They attempted a comeback in 2009 as Sublime with Rome, bringing on musician Rome Ramirez to be the band's frontman. After more than a decade together, the band disbanded.
In 2023, Jakob Nowell joined Sublime. He recently performed with Sublime at Coachella and will look to carry on his father's legacy at the Vans Warped Tour on July 26 and 27.
Long Beach city officials expect 85,000 people to attend the event each day.
"What a homecoming," Richardson said. "We're making history. We're continuing to make history."
LONG BEACH, Calif. - Long Beach is now the second city in California - following Santa Monica - to approve a motion transforming part of its downtown into an "...
LONG BEACH, Calif. - Long Beach is now the second city in California - following Santa Monica - to approve a motion transforming part of its downtown into an "Entertainment Zone," allowing adults 21 and over to consume alcohol outdoors.
The initiative aims to revitalize the area, which has faced economic challenges.
What we know:
The city council voted to approve the ordinance during a meeting Tuesday, with the new rules permitting alcohol consumption in downtown Long Beach to begin this summer.
Big picture view:
Santa Monica's Entertainment Zone opened with a soft launch on Friday, June 13.
The soft launch has limited outdoor hours. Adults will be able to purchase a drink from a participating, licensed business and consume it outside between 11 a.m. and 10 p.m. on Fridays, Saturdays and Sundays.
Per California law, the five essential rules of the entertainment zone are:
Local perspective:
Senate Bill 969 went into effect this year, allowing local governments to create "Entertainment Zones," which are designated outdoor areas where open container prohibitions are lifted for beverages purchased from participating restaurants and bars.
The zones are governed by a specific set of rules intended to keep these spaces safe and enjoyable for everyone.
What we don't know:
It's unknown which parts of downtown will be designated as part of the "Entertainment Zone."
The other side:
While some are optimistic about the potential benefits, others express concerns that the ordinance may add to the city's challenges. Critics worry it could worsen issues like homelessness and crime.
What's next:
The City Manager will work with local law enforcement and other relevant departments and offices to establish a one-year Entertainment Zone pilot program in the Downtown Dining and Entertainment District and will return to City Council by the next meeting with recommendations outlining city processes and others like street closure, open alcohol, and event permits, and immediate steps to develop a management plan.
The plan should have a target of allowing a pilot to begin in summer 2025.
The Source: Information for this story is from the Mayor of Long Beach and previous FOX 11 reports.
"Every child deserves the nourishment they need to grow, learn and thrive—even when school is out," Mayor Rex Richardson said.Fernando Haro, Patch StaffLONG BEACH, CA — Long Beach is giving out free meals to kids this summer as part of its annual program. Here's what to know.The United States Department of Agriculture (USDA) Summer Food Program began Monday and will run through Friday, August. 22 &...
Fernando Haro, Patch Staff
LONG BEACH, CA — Long Beach is giving out free meals to kids this summer as part of its annual program. Here's what to know.
The United States Department of Agriculture (USDA) Summer Food Program began Monday and will run through Friday, August. 22 — excluding holidays, just as Juneteenth and Independence Day.
Meals will be available for those as young as one year old to 18-year-olds, and must be eaten in a designated eating area, according to Long Beach city officials. Each meal consists of items such as milk, juice, fruits and vegetables, along with other "well-balanced nutritious options," city officials said in a June statement.
“Every child deserves the nourishment they need to grow, learn and thrive—even when school is out,” Mayor Rex Richardson said in a statement. “For more than 40 years, the Summer Food Service Program has been a vital service, ensuring our young residents have access to wholesome meals and supporting our community’s health and wellbeing.”
Here's a list of all 24 locations across Long Beach and Signal Hill that will offer free meals:
Serving from 11:30 a.m. to noon:
Serving from noon to 12:30 p.m.:
Serving from noon to 12:30 p.m. from June 17 to Aug. 8:
The Summer Food Service Program, which is funded through the USDA and administered by the California Department of Education, has been serving meals to kids in the Long Beach community since 1979. Over those 46 years, the city has provided more than two million meals, according to city officials.
"This program aligns with the City’s Summer of Opportunity initiative, a collective impact approach focused on fostering positive development among Long Beach youth while simultaneously addressing youth violence," city officials said in a statement.
Although homelessness slightly rose in Long Beach over the past year, data shows more people are accessing shelters than before. LONG BEACH, CA — Homelessness increased in Long Beach over the past year, with city officials citing the Los Angeles wildfires as a key factor.During a meeting yesterday to discuss this year's findings, Long Beach city officials said 3,595 people were experiencing homelessness, an increase of 6.5%. Of that 6.5% increase, city officials attributed 5% to the January wildfires in Los Angeles Coun...
LONG BEACH, CA — Homelessness increased in Long Beach over the past year, with city officials citing the Los Angeles wildfires as a key factor.
During a meeting yesterday to discuss this year's findings, Long Beach city officials said 3,595 people were experiencing homelessness, an increase of 6.5%. Of that 6.5% increase, city officials attributed 5% to the January wildfires in Los Angeles County, while 1.5% was due to other factors.
"What we found was, it was a pretty significant impact, with 167 people identifying that they had been displaced due to the fires and were now experiencing homelessness here in Long Beach," Paul Duncan, Long Beach's homeless services bureau manager, said during the discussion Tuesday. "If you were to take that out, we are seeing that our overall count is about a 1.5% increase."
The wildfires began on Jan. 7 and continued for several weeks, coinciding with Long Beach's homeless count on Jan. 23.
As one of Los Angeles County's augmented weather shelter sites, Long Beach was activated to provide housing for displaced people during the wildfires, city officials said.
But despite the slight increase, Mayor Rex Richardson said the "key takeaway" from this year's count was that more people experiencing homelessness were using shelter resources and fewer were living outside.
“When we look at the City’s efforts to address homelessness apart from the tragic wildfires, we’ve seen improvements in areas where we have struggled in the past, such as a profound decrease in chronic homelessness,” Mayor Rex Richardson said in a statement Tuesday. “We’re proud of the progress that’s been made, and we remain committed to continuing that work.”
People experiencing chronic homelessness went from 1,705 to 1678, a 3.8% decrease, according to this year's data. There was also a 46.6% increase in people accessing shelter, which city officials attribute to the "effectiveness of targeted interventions."
Although the number of people suffering from chronic homelessness decreased, there was a slight increase in people reporting being unhoused over the last year, city officials said. Data shows that the number increased by 1.7% to 390 people.
Of those 390 people, 56.8% said they lost their housing in Long Beach, 26.7% came from nearby areas in Los Angeles and 6.2% were from Orange County, according to the data.
The most common reason people cited for losing their homes was financial hardship, according to city officials. The number of people reporting financial hardship rose by 4.1%, the data shows.
Others cite childhood trauma, including abuse or neglect, as challenges they're facing, according to city officials. And many face underlying conditions, such as physical disabilities, severe mental illness, substance abuse and traumatic brain injuries, according to this year's findings.
"These conditions can make living in unsupported housing and holding a job much more difficult," according to this year's comprehensive report. Many other issues they face can lead to a cycle of instability, which then makes it more difficult for them to access housing or support, according to city officials.
As of Jan. 23, at least 2,606 out of 3,595 people experiencing homelessness remain unsheltered in Long Beach.
But city officials believe increasing outreach and engagement efforts, moving people into non-congregate shelters and then finding them permanent housing and more support resources to transition people into stable housing are keys to lasting progress to reduce homelessness.
Some of the efforts by the city include a newly refurbished interim housing, Homekey at 1725, which used to be the site of the Best Western motel. This new housing grants the city 99 more interim housing units.
Case management services are also provided at the site to help people staying there access resources that may eventually lead to secure long-term housing, city officials said.
The city is also working on opening two new centers — one focused on young adults ages 18 to 24, who are some of the most vulnerable groups facing homelessness, and another Homekey project at the site of the former Luxury Inn motel.
Long Beach also received $11 million in funding from the state to address the homeless population along the Los Angeles Riverbed, according to city officials. The plan is to use that funding to increase outreach and engagement efforts, open more non-congested shelters with resources that lead to their residents finding permanent housing.