LOS ANGELES—“We are sitting at Ground Zero for entertainment industry celebration, home to the Emmys, Grammys, American Music Awards, ESPYs and MTV Awards. California alone is the eighth largest economy in the world. Southern California is the 16th largest economy in the world.” That is according to Chris Cooper, principal and managing director of Southern California for Avison Young.

Cooper, who welcomed the more than 700 in attendance at the firm’s annual meeting last week at the JW Marriott Los Angeles L.A. Live, said that L.A. county economic drivers include entertainment, international trade,  aerospace and defense, professional services and technology.

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