California's Premier Property Management, Brokerage and Construction Firm

    Founded over 20 years ago, Canon Business Properties, Inc. is a privately held firm specializing in property management, real estate development and investment opportunities.

    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.

    Commercial Property Management Los Angeles, CA

    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 Los Angeles, 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.

    Canon Business Properties, Inc.: A Reputation for Excellence

    When you want to try Providence in Los Angeles, CA, you don't go to a mid-tier chain restaurant and expect to be impressed.. You drive to the The Little Door in Los Angeles, 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.

     Property Management Services Los Angeles, CA

    The Canon Business Properties, Inc. Difference

    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:

    Commercial Property Management Los Angeles, CA

    Our Expertise

    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

     Property Management Services Los Angeles, CA

    Our Clients

    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 Los Angeles, 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.

    Commercial Property Management Los Angeles, CA

    Our Values

    It does not take a graduate from California State University, Los Angeles in Los Angeles, 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.

    The Only Partner you will Need for Commercial Property Management in Los Angeles, CA

    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:

    Tenant Screening and Selection

    It does not take a graduate from Ezra University in Los Angeles, 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.

     Property Management Services Los Angeles, CA

    Capital Improvements

    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.

    Commercial Property Management Los Angeles, CA

    Financial Reporting and Accounting

    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:

    • Collection and Dues
    • Expense and Monthly Income Reporting
    • Forecasting and Budgeting
    • Delinquency Stabilization
    • Accounts Payable and Receivable
    • Reserve Analysis and Valuation
    • Bank Reconciliation
     Property Management Services Los Angeles, CA

    Maintenance and Repairs

    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 Belmont Village Senior Living Westwood in Los Angeles, 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 Los Angeles, CA. We also offer:

    • 24-Hour Emergency Response
    • Unlawful Detainer Actions
    • Property Inspections
    • Vendor Bid Management
    • Code & Regulation Compliance
    • Licensing and Permitting
    • Commercial Construction Management
    • Commercial Brokerage Services
    • Much More
    Commercial Property Management Los Angeles, CA

    Full-Service Commercial Construction Management in Los Angeles, CA

    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.

     Property Management Services Los Angeles, CA

    Construction Management Phases

    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:

    Commercial Property Management Los Angeles, CA

    Design Phase

    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.

     Property Management Services Los Angeles, CA

    Bidding Phase

    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.

    Commercial Property Management Los Angeles, CA

    Construction Phase

    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

    Close On-Time with Commercial Brokerage Services in Los Angeles, CA

    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:

    Marketing for Commercial Sale or Lease

    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:

    • Local and National Media Advertising
    • Local and National Broker Cooperation
    • Direct Mail
    • Brochures
    • Signage
    • Online Digital Marketing Services

    Transaction Services for Commercial Real Estate

    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.

    Will the Los Angeles Real Estate Market Recover After Recent Wildfires?

    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.

     Property Management Services Los Angeles, CA

    The Aftermath

    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.

    Long-Term Impact

    Some of the long-term impacts of the recent California wildfires may include:

    Revival of the Industrial Market

    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.

    Construction Costs and Regulatory Challenges

    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.

    Small Business Recovery Resources

    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 Road Ahead

    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 Los Angeles, 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.

    Canon Business Properties, Inc.: The Premier Choice for Commercial Property Management

    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.

    Commercial Property Management Los Angeles, CA

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    University of California Los Angeles | Los Angeles, CA

    Senior Director of Stewardship, AthleticsUCLA DevelopmentMeaningful donor relations and stewardship are at the heart of UCLA’s dedication to the many constituents that make our excellence possible. Philanthropic support enables our athletes to perform at the elite levels they do in their sports, studies and public service. As the Senior Director of Stewardship for UCLA Athletics, you will build and execute a comprehensive donor stewardship and events program that enhances the donor experi...

    Senior Director of Stewardship, Athletics

    UCLA Development

    Meaningful donor relations and stewardship are at the heart of UCLA’s dedication to the many constituents that make our excellence possible. Philanthropic support enables our athletes to perform at the elite levels they do in their sports, studies and public service. As the Senior Director of Stewardship for UCLA Athletics, you will build and execute a comprehensive donor stewardship and events program that enhances the donor experience and advances the Athletic Department’s strategic priorities. In this vital role, you will serve as a close partner to the Executive Senior Associate Athletic Office/Chief Development Officer and will work in collaboration with the frontline fundraising team, marketing and communications team, university stewardship teams and coaches to broaden and deepen the magnitude and impact of donor engagement. You will create inventive stewardship plans, develop best practices, improve and enhance tracking processes and implement strategies that create powerful moments, thoughtfully curated experiences/events, coach-athlete engagement, non-athletic activity and other tactics that increase donor retention and movement donors up the giving pyramid. As the Senior Director, you will lead, guide and support staff to produce high quality and successful stewardship outcomes that facilitate relationships and maximize propensity to give. You will analyze effectiveness of stewardship initiatives, events and communications programs, expanding their depth and impact of outcomes to enhance donors’ relationships. This is a remarkable opportunity to bring your passion for engagement, strong knowledge of the donor cycle and constituent expertise, leadership abilities and drive for achievement to contribute to acknowledging and increasing support that invests in tomorrow’s champions today. UCLA is a great place to work helping you achieve financial well-being with a pension and other retirement savings plans.

    Salary Range: $92,600 - $120,000 Annually

    Energy | Leadership | Integrity | Toughness | Excellence - Explore more about requisition 7494 and embark on a rewarding career at UCLA dedicated to investing in tomorrow’s champions today.

    Other opportunities within UCLA External Affairs can be found at https://www.developmentcareers.ucla.edu

    To Apply, visit:

    https://apptrkr.com/6160024

    Job Function

    Donor Relations & Stewardship

    Full-Time

    Workplace Type

    On-Site

    SoCal to see sunshine Tuesday before a cooling trend moves into the area

    LOS ANGELES (KABC) -- Sunny skies are expected across some parts of Southern California on Tuesday, followed by a cooling trend throughout the week.Los Angeles and Orange County will be mostly sunny Tuesday with a high of 72 degrees. The low will be 54. Temperatures will begin to cool starting Wednesday.The valleys and the Inland Empire will see less heat than the day before, but the high temperature remains in the high 70s. The low will be 52 degrees.At the beaches, morning clouds will give way to clear skies. The high ...

    LOS ANGELES (KABC) -- Sunny skies are expected across some parts of Southern California on Tuesday, followed by a cooling trend throughout the week.

    Los Angeles and Orange County will be mostly sunny Tuesday with a high of 72 degrees. The low will be 54. Temperatures will begin to cool starting Wednesday.

    The valleys and the Inland Empire will see less heat than the day before, but the high temperature remains in the high 70s. The low will be 52 degrees.

    At the beaches, morning clouds will give way to clear skies. The high will be 65 degrees and the low temperature will be 56.

    Sunshine is forecasted for the mountains, along with a high temperature of 65 degrees. The low will drop to 32.

    In most of the desert areas, the high will reach 82 degrees while the low temperature will be 52. Temperatures will begin to drop Wednesday. The high temperature in Palm Springs will climb to 93 Tuesday.

    Get the latest updates on the weather with the Free ABC7 Los Angeles appDownload the ABC7 app for weather alerts: Click here for iOS devices | click here for Android devices. If you have the app, turn on push notifications and personalize the app. Click on My News from the bottom menu, then star the topics you'd like to follow and tap Done.

    Live radar: abc7.la/LiveMEGADOPPLER

    Watches/Warnings: abc7.la/WxWarnings

    Download the free Accuweather app for iPhone and Android devices.

    Share your weather pictures and video with #ABC7Eyewitness

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    Copyright © 2025 KABC Television, LLC. All rights reserved.

    Los Angeles Chargers' Round 1 pick in final mock draft would be massive mistake

    The NFL Draft will be here Thursday and all the mocking will be put to bed. But one final mock, if it were to come true, would spell major disappointment for the Los Angeles Chargers.The Athletic's Daniel Popper, in his recent and final mock draft, has GM Joe Hortiz and HC Jim Harbaugh selecting Emeka Egbuka, WR, Ohio State with the 22nd pick in Round 1."The Chargers need playmakers in the...

    The NFL Draft will be here Thursday and all the mocking will be put to bed. But one final mock, if it were to come true, would spell major disappointment for the Los Angeles Chargers.

    The Athletic's Daniel Popper, in his recent and final mock draft, has GM Joe Hortiz and HC Jim Harbaugh selecting Emeka Egbuka, WR, Ohio State with the 22nd pick in Round 1.

    "The Chargers need playmakers in the passing game, and Egbuka is a clean prospect who will immediately improve the receiver room," Popper writes, "I think he has enough in his game — namely his route running and his hands — to play outside at the next level."

    Egbuka is certainly a talented and very polished wide receiver. At 6'0", 205 pounds, running a 4.48 40-yard dash at OSU's pro day, Egbuka has solid speed. He's also an excellent blocker, something Harbaugh values in a wideout. He's also a winner -- a national champion -- something Harbaugh puts a premium on even if it was at Ohio State.

    The problem is that Egbuka is a slot receiver. He's an excellent route runner who can uncover against zone coverage and runs precise routes against man-to-man. As ESPN's Mel Kiper noted in recent draft rankings where he had Egbuka at No. 18 overall, "[Egbuka] is a grinder who can make plays and pick up first downs when they are needed most."

    Lance Zierlein from NFL.com compares Egbuka to Jaxon Smith-Njigba. Not a bad comp at all -- if a team needs a slot receiver. The Chargers do not. They're doing very well with Hortiz' excellent pick from last years draft: Ladd McConkey. The Chargers would be much better off getting a top iOL or EDGE rusher with that 22nd pick.

    More Los Angeles Chargers News:

    Chargers could be potential surprise trade-up candidate with NFC team in top 10

    Chargers faceplant in worst way in AI-predicted NFL mock draft

    Chargers linked to Steelers in NFL draft through RB Najee Harris

    Chargers predicted to replace Joey Bosa with underrated Jim Harbaugh

    East Los Angeles, CA – Motorcycle Rider Injured in Crash at Whittier Blvd and Arizona Ave

    East Los Angeles, CA (April 21, 2025) – A motorcyclist suffered injuries following a crash involving a white GMC Yukon near the intersection of W Whittier Blvd and S Arizona Ave on Monday morning. The incident occurred around 7:37 AM on April 21, 2025, in a busy section of East LA, prompting an immediate medical response from the Los Angeles County Fire Department.Initial reports indicate that the GMC pickup collided with the motorcycle, knocking the rider to the ground. The rider remained down in the roadway following th...

    East Los Angeles, CA (April 21, 2025) – A motorcyclist suffered injuries following a crash involving a white GMC Yukon near the intersection of W Whittier Blvd and S Arizona Ave on Monday morning. The incident occurred around 7:37 AM on April 21, 2025, in a busy section of East LA, prompting an immediate medical response from the Los Angeles County Fire Department.

    Initial reports indicate that the GMC pickup collided with the motorcycle, knocking the rider to the ground. The rider remained down in the roadway following the impact, prompting a swift dispatch of paramedics and rescue personnel. Emergency medical teams were en route within minutes and arrived to provide critical care on site.

    Traffic in the area was quickly affected as both vehicles blocked lanes at the intersection. Witnesses noted significant delays and congestion as fire crews worked to stabilize the motorcyclist and assess the scene. While full details about the rider’s condition have not been released, authorities have confirmed that the individual was being treated for a variety of injuries sustained in the crash.

    Officials have not yet determined the cause of the collision, and the intersection remained active as investigators collected evidence and interviewed those involved.

    Our sincere thoughts are with the injured rider as they receive treatment, and we hope for a swift and complete recovery.

    Motorcycle Crashes in California

    Motorcycle collisions in urban areas like East Los Angeles often lead to severe injuries due to the exposed nature of riders and the density of traffic in local neighborhoods. Accidents involving larger vehicles—such as SUVs or pickups—can be especially devastating. Monday morning’s crash at the intersection of Whittier Blvd and Arizona Ave underscores how quickly such incidents can escalate, particularly during peak commute times.

    The configuration of older, high-traffic corridors in East LA, combined with fast-paced local driving habits, creates daily risks for motorcyclists. Intersections are statistically among the most common sites for vehicle-versus-motorcycle accidents, often due to misjudged distances or failure to yield.

    Crashes like this one reinforce the importance of improved visibility, driver awareness, and enhanced infrastructure to protect vulnerable road users. Community members and safety advocates continue to push for changes such as better traffic signal timing, clearer signage, and designated motorcycle lanes in high-risk areas.

    For victims of motorcycle accidents, timely medical intervention and clear legal guidance are vital. Injuries from these types of crashes can result in long-term recovery, high medical costs, and lost income—factors that require strong support systems and knowledgeable resources.

    Local Accident Reports is here to assist those injured in motorcycle accidents across California. Whether you're navigating the legal aftermath or seeking care referrals, we provide tools, updates, and connections to help you move forward. Reach out today to learn how we can support your recovery.

    Trump’s tariffs threaten Southern California’s $300-billion trade industry, report says

    President Trump’s tariffs, along with growing land-use and environmental regulations, could devastate Southern California’s nearly $300-billion trade and logistics industry in the coming years, according to a Los Angeles County Economic Development Corp. report released Tuesday.The report, commissioned last year by the public policy group Southern California Leadership Council, comes as ...

    President Trump’s tariffs, along with growing land-use and environmental regulations, could devastate Southern California’s nearly $300-billion trade and logistics industry in the coming years, according to a Los Angeles County Economic Development Corp. report released Tuesday.

    The report, commissioned last year by the public policy group Southern California Leadership Council, comes as economists and business owners alike raise alarm about the toll an escalating trade war could take on the U.S. economy.

    Particularly in Southern California, home to the nation’s two largest ports, goods exchange with China — subject to the steepest of Trump’s tariff hikes — is a boon to local industry. Jeopardizing that long-term trade relationship could have severe consequences, former California governor and SCLC co-Chair Gray Davis said Tuesday in a news conference.

    “This is like having a winning sports team and deciding to trade all your players,” Davis said.

    California

    April 13, 2025

    Southern California’s trade and logistics industry in 2022 contributed nearly $300 billion in direct economic output and generated an estimated $93.3 billion in tax revenue, according to the development corporation’s report.

    The sector also supported nearly 2 million jobs, directly employing more than 900,000 workers with an average salary of more than $90,000, which was 26% higher than the average annual wage reported across Southern California.

    As for trade volume, the San Pedro Bay ports in 2022 handled 19 million 20-foot container equivalent units (nearly 35% of all U.S. waterborne containerized trade) with total cargo value surpassing $469 billion — making it the busiest container complex in the country and the ninth-largest worldwide, the report said.

    An escalating trade war with China joins a growing list of threats to Southern California’s competitive edge in the trade industry.

    “China represents Southern California’s largest trading partner, with about $130 billion of Chinese imports flowing through the Ports of Los Angeles and Long Beach in 2024,” the report said. “A 145 percent tariff on Chinese goods — coupled with a retaliatory 125 percent Chinese tariff on U.S. goods — can be expected to dramatically curtail the region’s trade with China.”

    The report added that the Port of Los Angeles already expects cargo volumes to drop by at least 10% as early as May. Loads aren’t expected to recover again for the rest of the year.

    “This translates into less work across the region’s supply chains, affecting port operators, haulers, wholesalers and other workers,” the report said. “It also leaves thousands of Southern California importers facing inputs that potentially are two-and-a-half times more expensive, and these cost increases would get passed down to consumers across the region.”

    Economic uncertainty surrounding the tariffs could threaten foreign investment in the region, the report said, leaving foreign-owned enterprises — which currently employ nearly 67,000 workers and generate $5.8 billion in wages in the Southern California region — to take their business elsewhere.

    Davis said that while he supports some of the underlying goals of the tariffs, including bringing manufacturing to the U.S., he doesn’t believe Trump’s strategy of “hammering people over the head” will be effective with business leaders.

    Instead, Davis said, officials should implement financial incentives such as those established by the 2022 CHIPS Act, which provided funding for chip manufacturing facilities and offered tax credits for investments in chip production. The LAEDC report recommended similar incentive programs for pushing the industry toward clean energy solutions.

    While the LAEDC did not provide any projections Tuesday for financial losses as a result of the tariffs, Chief Executive Stephen Cheung said the 2018 U.S.-China trade war might provide clues.

    At that time, China imposed retaliatory tariffs on goods including wine. Immediately afterwards, the amount of U.S. wine exported to China dropped 25%, Cheung said.

    “If you use the same logic model, you can see how it’s going to hit us pretty significantly,” he said.

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    This website publishes news articles that contain copyrighted material whose use has not been specifically authorized by the copyright owner. The non-commercial use of these news articles for the purposes of local news reporting constitutes "Fair Use" of the copyrighted materials as provided for in Section 107 of the US Copyright Law.

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