~ FEATURED SPEAKER ~ Brad Steinberg, Co-President of PWS - The Laundry Company. Brad discussed how to build a real estate portfolio through owning laundromats (or other owner/user businesses). PWS - The Laundry Company is the nation's largest distributor of commercial laundry equipment and laundry replacement parts. PWS is also a broker of existing laundromats and have built over 3,000 new laundries. Corporate headquarters are located in the City of South Gate, with satellite offices in South San Francisco and San Diego. Brad has been responsible for leading the organization since 2007. In March 2021, PWS completed the sale of the business to our manufacturer, Alliance Laundry Systems. www.pwslaundrywest.com
In the second half of the meeting, we heard from Jessica Daugherty who is working on a proposal for the El Segundo Greenway project along Aviation Blvd.