Shopping Options Multiply in Downtown Los Angeles

Retail is the pulse of any vibrant urban environment, including downtown Los Angeles (DTLA). Just ask Avison Young’s Derrick Moore, who has brokered some 400 DTLA retail leasing deals in the last few years.

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Recent Articles

  • In Brief: Can Growth in Health Care and Other Categories Save America’s Malls?

    September 11, 2017

    A new report from CBRE highlights that the two categories occupying the most space in U.S. malls—department stores at 48.7 percent of gross leasable area, and apparel, accessories, and shoes at 29.4 percent—also posted relatively tepid retail-sales growth from 2011 to 2016. In contrast, categories with stronger retail-sales growth, such as health care, still account for relatively little occupancy of U.S. malls

  • As Amazon Enters the Market, U.S. Grocers Focus on One-Stop Shopping

    August 28, 2017

    In addition to Amazon’s purchase of Whole Foods, an enormous amount of movement has occurred in the grocery sector in the past year, as regional chains expand into new markets and European brands enter the United States.

  • In Brief: Apple’s High-Yielding Retail Space

    August 9, 2017

    Sales per square foot at all but a few public retailers have declined to an average of $325 ($3,498 per sq m), down from nearly $375 ($4,036 per sq m) in the early 2000s, according to research by CoStar. But while e-commerce has been disruptive to traditional retailers, several companies, including Apple, Tiffany, and lululemon, have managed to increase sales.

  • Retail-Led Mixed Use in an Age of E-Commerce Outside Shanghai

    The LifeHub@Kunshan complex, just a brief train ride from Shanghai, integrates workforce housing, shopping, entertainment, e-commerce—and local culture.

  • Raleigh’s Cameron Village Shifting with the Times on Retail

    June 12, 2017

    Built in 1949, the Cameron Village shopping center of Raleigh, North Carolina, was one of the first in the Southeast. Decades later, Cameron Village is still thriving, with several new mixed-use developments adding increased density and energy.

  • Craft Breweries Bring Placemaking and Economic Development to St. Louis Neighborhoods

    June 5, 2017

    There was a time before Prohibition when St. Louis had more than 40 breweries. By the 1980s, however, that number had dwindled to just two. Today, experts speaking at a ULI panel said St. Louis’s smaller brewery scene is again thriving, with 50 separate breweries operating locally.

  • Legalized Marijuana Sector Creates Opportunity, Special Requirements

    May 12, 2017

    Commercialized marijuana is big business and is expanding as a new asset class at an astronomical rate, according to a ULI Spring Meeting panel of industry investors, operators, and legal experts on the state of the cannabis business and real estate opportunities being created in the sector. Twenty-eight states have legalized the sale of medical marijuana, and eight states plus the District of Columbia allow recreational marijuana to some degree.

  • More Food Choices, Higher-End Offerings Help Reboot Retail for a Digital Age

    May 10, 2017

    Contrary to some predictions, e-commerce has not made brick-and-mortar retail a thing of the past. Instead, as attendees at a ULI Spring Meeting session learned, shopping and dining are making critical contributions to activating urban spaces and helping shopping centers continuously evolve.

  • Four Trends Driving the Shifting Demand for Traditional Bank Branches

    May 1, 2017

    According to JLL’s 2017 Banking Outlook, increased use of mobile banking could decrease the need for traditional bank branches by 20 percent in the next five years, although some underserved markets are still seeing new construction.

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