LOS ANGELES—Recently, several new-construction retailshopping centers have opened in the Los Angeles,illustrating an increase in demand for retail space. NadelArchitects has been the name behind the design for many ofthese centers, including the recently opened Juanita TateMarketplace, a $21 million grocery-anchored shoppingcenter. With new development in the retail sector just beginning topick up, we sat down with Greg Lyon, principal anddesign director at Nadel Architects, to discuss the drivers behindthis new trend and where it is headed.

GlobeSt.com: You just completed two ground-up retailcenters. Do you see higher demand for renovation projects or newconstruction, and what is driving this demand?

Lyon: We are continuing to see agrowing demand for ground retail destinations. The expansionof retail brands has shrunk the inventory of existing vacant spaceto a point where it has triggered an increase in demand for newground up retail space.

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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.