realestate

LA Real Estate Forecast 2025: Expert Insights

Art Rasmussen, Executive Vice President at CBRE, is a leading expert in industrial cold storage real estate with 33 years of experience.

A
rt Rasmussen, Executive Vice President at CBRE, is a renowned expert in industrial cold storage real estate with over 33 years of experience and an impressive track record. As Co-Leader of the Food Facilities Group, he has successfully completed over $6.3 billion worth of food facility transactions across the US, totaling more than 63 million square feet.

    Rasmussen's career began in Los Angeles and Commerce, where he played a pivotal role in landmark deals, including the largest industrial investment and land assemblage sales at the time. His innovative approach to redevelopment transformed dry warehouses into modern cold storage and food processing facilities. He serves top clients like Lineage Logistics, Costco, Sysco, Kroger, and General Mills, who value his team's comprehensive expertise in food-related real estate across CBRE's national offices.

Los Angeles real estate market forecast 2025, expert predictions and analysis.