Los Angeles Retail MarketView Q3 2021

October 28, 2021

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  • Smaller retail blocks encountered increased TIs, concessions, and costs. In certain cases, built-to-suits were discussed in negotiations
  • Big-box, single-tenant freestanding land/buildings and trophy retail locations attracted the most attention from occupiers in the third quarter
  • Capital Markets were driven by investment managers primarily focused on big-box & mixed-use repurpose projects with anchored credit tenants – additionally, non-anchored sales activity increased in Q3