By Richard Cheng
The retail market in Los Angeles is made up of many shopping destinations such as malls, lifestyle centers, and strip centers that total 192 million sq feet. During 2017, lifestyle centers gained popularity because of their open-air design and layout, which included hip and trendy restaurants, smaller sized retailers, apartments, offices, and entertainment options.
Read Moreby Joe Killinger
A small-box retailer operates their business very much the same as their larger counter parts but utilizes less square footage. This means that they don’t need as much space for their products and therefore have a lower rent and fewer staff to deal with which equals a lot less overhead.
Read MoreCapitalizing on diminishing lease rates, smart money is repositioning archaic retail concepts as new cultural anchors.
Read MoreI am very excited to let you know that we shot a video with Alan Long, Alan launched his residential real estate company DBL Realtors in Los Angeles in the late 90’ and grew to 12 offices before selling the company to Sotheby’s - In our video he talks about the genesis of the idea to launch the company, how the company changed the residential real estate industry in Los Angeles, on through his hard decision to sell his company.
Read MoreWe’ve all heard it before… “The American Dream” and “America the Land of Opportunity.” We have heard it so often that it has all but become a cliché; however, it would seem the entire world has heard the saying and in many ways have taken it up as a call to action. Over the last decade, we have seen an unprecedented amount of foreign investment into the United States, not just in dollars, but in companies looking to expand into different markets. For many foreign companies, the US has become their “emerging market.”
Read MoreAlliance of Californians for Community Empowerment along with Michael Weinstein is proposing a new ballot measure to repeal the 1995 Costa-Hawkins Rental Housing Act. The proposed ballot measure comes after the House Assembly bill AB 1506 failed to pass. To find out more about the proposed ballot measure, we sat down with Sturai Yusufi of Commercial Brokers International for an exclusive interview.
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