IRVINE, CA—The buzz in the retailleasing and development world isall about grocery-store consolidation and creating places forpeople to gather, socialize and be entertained, JimAuther, SVP of Coldwell Banker CommercialAlliance here, tells GlobeSt.com. These two trends, alongwith the impact of e-commerce onbrick-and-mortar shops, are redefining the retailarena, particularly in Orange County, he says.
“In the Orange County market, one of the interestingdevelopments coming up is the Safeway/Albertsonsmerger, which includes Vons andPavilions stores,” says Auther. “It will beinteresting to see which stores stay open and which areclosing.”
As GlobeSt.com reported earlier this month, the Orange County officeof CBCA hired veteran brokerAuther as SVP. Auther has more than 35 years ofexperience in retail brokerage and developmentwith a focus on landlord and tenant representation.
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Carrie Rossenfeld
Carrie Rossenfeld is a reporter for the San Diego and Orange County markets on GlobeSt.com and a contributor to Real Estate Forum. She was a trade-magazine and newsletter editor in New York City before moving to Southern California to become a freelance writer and editor for magazines, books and websites. Rossenfeld has written extensively on topics including commercial real estate, running a medical practice, intellectual-property licensing and giftware. She has edited books about profiting from real estate and has ghostwritten a book about starting a home-based business.
