News

Albertsons and Rite Aid have come to an agreement on a $24 billion merger deal, creating a combined company which will operate approximately 4,900 locations across 38 states. Expected to close in the second half of this year, one motivation… Read More..

Chipotle has officially hired a new CEO after Steve Ells stepped down from the position last year. Brian Niccol will be leaving his current position as Taco Bell’s CEO to assume his new role with Chipotle, effective March 5th. The… Read More..

Since Amazon’s purchase of Whole Foods last year, different theories about the motivation behind the $13.7 billion move have continued to circulate. In a recent announcement made by the tech giant last week, some light may finally be shed on… Read More..

Poké Bar Dice & Mix, a national quick-serve restaurant, has recently executed a lease at the Stevenson Ranch Plaza. They join co-tenants such as Ralphs, LA Fitness, Stein Mart, and PetSmart, and are expected to open late spring of 2018.… Read More..

Ownership of merchandise will take a backseat as experiences continue to become increasingly important, especially among millennials. To draw consumers, the future success of malls and shopping centers alike will lie in creating environments focused on building those experiences. Check… Read More..

Despite what could be viewed as a turbulent 2017 in the world of commercial real estate, economists are hopeful about what 2018 has in store for these top five segments within the industry, including retail. Check out the full article… Read More..

2018 could shape up to be one of the best years the world of retail real estate has seen since the millennium. Heightened consumer confidence, recent tax cuts and strong re-tenanting potential are just a few trends behind this positive… Read More..

A recent article from L.A. Biz, by Ivan Bandura, explores Amazon’s hunt for a second headquarters. Out of 20 finalists nationwide, Los Angeles was the only front-runner on the West Coast. As if one tech giant wouldn’t be great news… Read More..

Despite what recently seems to be a fairly gloomy outlook, there are many positives happening in the world of retail real estate that should be the focus of conversation instead. Check out this recent article from CNBC which takes an… Read More..

Back in 2007, Ralphs opened in the heart of Downtown LA’s residential community. Before opening its doors, area residents had to drive 20 to 30 minutes just to get to a grocery store. Little was it known at the time… Read More..