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Transportation needs—whether we are talking about parking requirements, last-mile delivery or driverless cars—are changing. At RealShare Southern California, developers across asset classes talked about how they are approaching these changes in their current projects on the View From the Top panel, which included speakers Lawry Meister, owner and president at Steaven Jones Development Co.; Randy Jefferson, executive director of project development at LT Global Investment; and Joseph Vargas, president at Wonderful Real Estate Development, with moderator Rick Putnam, SVP at Kidder Mathews.

Meister, whose company focuses on creative office projects, recently utilized an automated parking system in a project to fulfill the parking requirement within a limited space where subterranean parking was not an option. They used a system called Auto Park It, which is a stacked automated parking system. The retrieval time for each car is about one minute, and it can remember the estimated time an employee leaves the office to prep the car for the owner. This type of system is a good intermediary for developers concerned about dedicating a large amount of square footage to a parking lot that may be obsolete in the next decade.

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Kelsi Maree Borland

Kelsi Maree Borland is a freelance journalist and magazine writer based in Los Angeles, California. For more than 5 years, she has extensively reported on the commercial real estate industry, covering major deals across all commercial asset classes, investment strategy and capital markets trends, market commentary, economic trends and new technologies disrupting and revolutionizing the industry. Her work appears daily on GlobeSt.com and regularly in Real Estate Forum Magazine. As a magazine writer, she covers lifestyle and travel trends. Her work has appeared in Angeleno, Los Angeles Magazine, Travel and Leisure and more.

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