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Developers are moving forward with several spec warehouse projects and rents for industrial space are up 8 percent over last year. As I mention to Steve Julian, it hardly compares with the pre-recession days, but at least there's some willingness to take a chance on new construction. Also this morning, a look at Hawthorne-based SpaceX and its plans to send cargo to the Space Station. Available at kpcc.org and podcast (Business Update with Mark Lacter). Transcript is after jump
More by Mark Lacter:
American-US Air settlement with DOJ includes small tweak at LAXSocal housing market going nowhere fast
Amazon keeps pushing for faster L.A. delivery
Another rugged quarter for Tribune Co. papers
How does Stanford compete with the big boys?
Those awful infographics that promise to explain and only distort
Best to low-ball today's employment report
Further fallout from airport shootings
Crazy opening for Twitter*
Should Twitter be valued at $18 billion?
Recent Land stories:
Mercedes will move into shuttered Boeing plant in Long BeachRupert Murdoch buys Bel-Air vineyard and estate
Most expensive downtown condo in 2012: $4 million
First big Wilshire church no longer for sale
Hope compound in Toluca Lake coming on the market *
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Mark Lacter created the LA Biz Observed blog in 2006. He posted
until the day before his death on Nov. 13, 2013.