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L.A. Retail Is Finally Hitting Its Stride

LOS ANGELES—The city is seeing a huge influx of investors looking for retail opportunities, thanks to market fundamentals that some reports say are among the best in the country, GlobeSt.com reports EXCLUSIVELY.

Ken McLeod Ken McLeod is a first VP at CBRE and a retail expert.

LOS ANGELES—Earlier this month, Ten-X released a report that named Los Angeles as a top buy city for retail investors, thanks to strong economic fundamentals, climbing rents and declining vacancies. While this was great news, we wanted to see how investors are responding and if activity is perking up as a result of the designation. We sat down with Ken McLeod, first VP at CBRE and a retail expert, to give us his boots-on-the-ground perspective of the retail market. Here, he tells us about the new activity, the players in the game, and where this momentum is headed in this exclusive interview.

GlobeSt.com: Ten-X has listed LA as a top buy market. Have you experienced an uptick in investment sales in your business?

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Kelsi Maree Borland

Kelsi Maree Borland

Kelsi Maree Borland is a freelance journalist and magazine writer based in Los Angeles, California. For more than 5 years, she has extensively reported on the commercial real estate industry, covering major deals across all commercial asset classes, investment strategy and capital markets trends, market commentary, economic trends and new technologies disrupting and revolutionizing the industry. Her work appears daily on GlobeSt.com and regularly in Real Estate Forum Magazine. As a magazine writer, she covers lifestyle and travel trends. Her work has appeared in Angeleno, Los Angeles Magazine, Travel and Leisure and more.

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