Description

Advanced manufacturing is reshaping Southern California's industrial real estate market—and few people have a better view of that transformation than Jacob Bobek, Executive Vice President at CBRE. In this episode of The Kirsh Connection, Jacob and I discuss why the South Bay has emerged as one of the nation's premier hubs for advanced manufacturing, home to nearly 200 innovative companies. We explore the unprecedented demand for industrial space, with some companies seeking facilities exceeding one million square feet, what makes Los Angeles uniquely positioned to lead the next generation of manufacturing, and what must change for the region to reclaim its position as America's premier place to do business. Jacob also shares how he developed the expertise to advise tenants across a broad range of industries in one of the country's most competitive commercial real estate markets. Episode Highlights • Why the South Bay Has Become America's Advanced Manufacturing Hub Jacob explains why Southern California's South Bay has become a hotbed of innovation, with nearly 200 advanced manufacturing startups driving unprecedented economic growth and transforming the region's industrial real estate market. • The Million-Square-Foot Leasing Race Many advanced manufacturing companies aren't looking for typical industrial space—they're searching for campuses exceeding one million square feet. Jacob discusses what's fueling this extraordinary demand and the challenges of finding facilities that can accommodate it. • Can Los Angeles Become the Best Business City Again? Jacob shares why Los Angeles remains one of the most attractive places in the world to live and do business, while offering his perspective on the policy and economic changes needed for the region to regain its competitive edge. • Becoming an Expert Across Multiple Industries How do you become a trusted leasing advisor for companies spanning so many different sectors? Jacob discusses the knowledge, preparation, and curiosity required to understand clients' businesses and deliver strategic real estate solutions. Learn more about Jacob Bobek: • Connect with Jacob on LinkedIn: / bobek • CBRE: https://www.cbre.com/people/jacob-bobek ******************************************* In each episode of The Kirsh Connection, Andrew Kirsh interviews industry leaders to learn their real-time opinions on today's market, their background and unique career highlights, and guidance for newcomers to the industry. Don't miss an episode of The Kirsh Connection: • Listen on Apple Podcasts: https://apple.co/3GT1hoM • Listen on Spotify: https://spoti.fi/3OQrd6j • Listen on Anchor: https://podcasters.spotify.com/pod/sh... • Listen on Listen Notes: https://lnns.co/7ICHmPQyXnU Andrew Kirsh is a founding partner of Sklar Kirsh LLP and is the Chair of the firm’s Real Estate Department. Sklar Kirsh LLP is a boutique law firm providing services in corporate law, real estate, entertainment, bankruptcy, and litigation. • Connect with Andrew on LinkedIn: / andrewkirsh • Connect with Andrew on Twitter: https://x.com/atkirsh • Visit Andrew's business website: https://www.sklarkirsh.com/profession... • Follow Sklar Kirsh LLP on LinkedIn: / sklar-kirsh-llp • Follow Sklar Kirsh LLP on Instagram: https://www.instagram.com/sklarkirsh/... The Kirsh Connection is produced and edited by Ashley Thays