Property Security in the Age of Criminality

California has been experiencing persistent and largely unabated criminality for some time. As we focus on the real estate implications here, one results is large retail stores closing prime locations due to thefts, relentless homelessness, and the unwillingness of government agencies to get these issues under control.

Another issue is fraud which may result in billions of dollars lost while still arguing for more social programs; this fraud results in increased taxes and operating costs. Locally, we see pop-up mobile security centers placed in nearly every parking lot. For the purpose of this article, we will look at some effects on industrial property owners, from the experiences we have had in representing them.
Over the last 20 years, we dealt with the occasional break-in, theft, homelessness, and squatters. The bottom line is that landlords and property owners need to take a more proactive approach to protecting their property. Since much of the justice system is no longer geared to discouraging criminality or to supporting property owners, deterrence becomes the key strategy for protecting property.

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