Founded over 20 years ago, Canon Business Properties, Inc. is a privately held firm specializing in property management, real estate development and investment opportunities.
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Commercial Property Management in Santa Monica, CA
- Commercial Property Management in Santa Monica, CA
- The Best Commercial Property and Construction Management Company for Elite Clients in California
- Canon Business Properties, Inc.: A Reputation for Excellence
- The Only Partner You'll Need for Commercial Property Management in Santa Monica, CA
- Full-Service Commercial Construction Management in Santa Monica, CA
- Close On-Time with Commercial Brokerage Services in Santa Monica, CA
- Will the Los Angeles Real Estate Market Recover After Recent Wildfires?
- Canon Business Properties, Inc.: The Premier Choice for Commercial Property Management
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 Santa Monica, 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 The Penthouse in Santa Monica, CA, you don't go to a mid-tier chain restaurant and expect to be impressed.. You drive to the Capo in Santa Monica, 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.
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:
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
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 Santa Monica, 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.
Our Values
It does not take a graduate from University of Santa Monica in Santa Monica, 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 Santa Monica, 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 Santa Monica College in Santa Monica, 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.
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.
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
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 Brookdale Ocean House in Santa Monica, 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 Santa Monica, 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
Full-Service Commercial Construction Management in Santa Monica, 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.
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:
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.
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.
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 Santa Monica, 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.
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 Santa Monica, 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.
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Latest News in Santa Monica, CA
Driverless Taxis' Beeping Causes Headaches For Santa Monica Residents
Chris Lindahlhttps://patch.com/california/santamonica/driverless-taxis-beeping-causes-headaches-santa-monica-residents
SANTA MONICA, CA — A facility for driverless taxis is causing headaches for some Santa Monica residents.At issue is a parking lot used by Waymo to charge its driverless taxis at Euclid Street and Broadway. "The constant 'beep-beep-beep' sound as the autonomous vehicles back out of their spaces (in their own lots) is an incessant disturbance that hinders both our tranquillity during the day and our peace during the night,'" resident Christopher Potter wrote in a ...
SANTA MONICA, CA — A facility for driverless taxis is causing headaches for some Santa Monica residents.
At issue is a parking lot used by Waymo to charge its driverless taxis at Euclid Street and Broadway. "The constant 'beep-beep-beep' sound as the autonomous vehicles back out of their spaces (in their own lots) is an incessant disturbance that hinders both our tranquillity during the day and our peace during the night,'" resident Christopher Potter wrote in a Change.org petition.
Potter — along with nearly 100 other supporters — are calling on Waymo to give them some peace and quiet. He wants Waymo to turn down the volume of the cars' beeping when they're in the confines of their charging lot.
Waymo offered the following statement to the Santa Monica Daily Press: "We strive to be good neighbors in the cities that we operate. We are in ongoing conversation with the city's Department of Transportation as we explore and implement mitigations that address neighbors' concerns."
The statement continued, saying that city officials measured sound levels at the charging facility and found the noise levels did not violate city standards.
Find out what's happening in Santa Monicafor free with the latest updates from Patch.
The city has received complaints about the noise, but officials told KTLA they have limited control over Waymo's operations, which is under the jurisdiction of the California Public Utilities Commission and the Department of Motor Vehicles.
Waymo, owned by Google parent Alphabet, has operated its driverless taxis in Los Angeles County since early 2024. Since then, they've become a common sight on the region's roads. And this isn't the first time the vehicles have led to issues.
Last moth, a Waymo vehicle caused a backup at a busy Chick-fil-A drive-thru in Santa Monica after it became stuck.
More Of Santa Monica Is Now In A 'Very High' Fire Hazard Zone
Chris Lindahlhttps://patch.com/california/santamonica/more-santa-monica-now-very-high-fire-hazard-zone
For the first time in over a decade, the state has released updated maps showing wildfire hazards in local neighborhoods.Patch StaffSANTA MONICA, CA — The number of Santa Monica homes and businesses within "very high" fire hazard zones has increased, according to new maps released by Cal Fire this week.The agency released updated Fire Hazard Severity Zone maps for Los Angeles County on Monday, which use various criteria — including terrain, fire history, weather patterns and the presence of fire f...
For the first time in over a decade, the state has released updated maps showing wildfire hazards in local neighborhoods.
Patch Staff
SANTA MONICA, CA — The number of Santa Monica homes and businesses within "very high" fire hazard zones has increased, according to new maps released by Cal Fire this week.
The agency released updated Fire Hazard Severity Zone maps for Los Angeles County on Monday, which use various criteria — including terrain, fire history, weather patterns and the presence of fire fuels — to identify wildfire hazard areas and rank them in three categories: "moderate," "high" and "very high."
The maps, generally updated every decade, can impact building and clearance requirements in areas deemed to be in particular hazard areas.
The new maps for Santa Monica show an increase in the size of hazard areas in the northern limits of the city, compared to the last set of maps released between 2007 and 2011.
Cal Fire determines the level of hazard based "on the physical conditions that create a likelihood and expected fire behavior over a 30- to 50-year period, without considering mitigation measures such as home hardening, recent wildfire or fuel reduction efforts."
Find out what's happening in Santa Monicafor free with the latest updates from Patch.
Now that the hazard zone maps have been released by the state, local jurisdictions can adopt them or amend them by increasing the hazard level for particular areas. Jurisdictions cannot reduce the hazard levels from those recommended by state officials.
The Los Angeles County Fire Department said it is not recommending any additions or increases. The agency noted that the updated maps likely mean an increase in the number of local parcels falling within hazard zones.
"These changes may influence building and vegetation management requirements for properties located within newly classified fire hazard zones," the department said.
The Los Angeles County Board of Supervisors must act within 120 days to adopt the maps, which are used to guide land-use decisions and building standards. The county is expected to schedule public hearings for people to comment on the proposed maps, but specific dates have not yet been determined.
More information, including the fire zone maps, is available on Cal Fire's website.
City News Service contributed to this report.
The Renowned Chef Behind Alimento Brings Puffy-Crusted Pizzas to Santa Monica
Matthew Kanghttps://la.eater.com/2025/4/1/24398968/cosetta-zach-pollack-italian-restaurant-pizza-santa-monica-opening
ZachZach Pollack’s highly anticipated California Italian restaurant Cosetta is finally here: The restaurant opened April 1 in a standalone building along Ocean Park Boulevard in Santa Monica, adding a versatile, family-friendly, and reasonably priced destination to the neighborhood. Pollack’s Silver Lake and Echo Park restaurants of Alimento and Cosa Buona, respectively, closed last year, end...
ZachZach Pollack’s highly anticipated California Italian restaurant Cosetta is finally here: The restaurant opened April 1 in a standalone building along Ocean Park Boulevard in Santa Monica, adding a versatile, family-friendly, and reasonably priced destination to the neighborhood. Pollack’s Silver Lake and Echo Park restaurants of Alimento and Cosa Buona, respectively, closed last year, ending a nearly 10–year tenure for the chef. Now back on the Westside (previously, he was a co-chef at Sotto), Pollack is back in the pizza game with puffy-crusted, wood-fired pies featuring soppressata and peppers, smoked coppa with pineapple, and mushroom fontina.
The menu’s starters are divided into four sections. Most tables will likely get house-baked bread with dips and spreads like Alimento’s chicken liver, burrata cheese, fava bean hummus, and a tin of Fishwives Cantabrian anchovies. Raw seafood includes scallops with Sicilian ponzu, kampachi with olive oil and capers, or bluefin tartare with “ossobuco” aioli. Small appetizers highlight smoked mozzarella sticks — a nod to Cosa Buona — farro and white bean soup, and shrimp scampi over toasted focaccia. There are four salads, as one would expect for a Californian restaurant, including the ’90s-style Novanta Mista, with mixed greens and 36-month-old prosciutto. Beyond the pizzas, entrees include Thai chicken Milanese, eggplant cutlet, and a market fish with caper-olive tartare, plus half-roasted chicken over bread and anchovies, wagyu porcini-rubbed tri-tip tagliata, and grilled langoustines alla griglia with bagna cauda bianca.
In contrast to his more serious young chef days, Pollack emphasizes a lot of dietary flexibility at Cosetta, offering gluten-free Milaneses, plenty of vegetarian-friendly options, and a reasonable price point across the menu. The idea is to make Cosetta part of the Westside diner’s weekly rotation with seasonal ingredients and familiar Italian American flavors. The expansive semi-covered patio will shine as the weather warms up, while the sleek arch-and-column-themed interior brings a modern European coziness to those sitting inside.
Getting to Cosetta will be fairly easy for Santa Monica denizens, and there are even two hours of free parking with validation.
Cosetta opens today at 3150 Ocean Park Boulevard, Santa Monica, CA, 90405. Reservations are available on Resy.
Cosetta
3150 Ocean Park Boulevard, Santa Monica, CA 90405 (310) 957-2300 Visit Website
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