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Greg Briest Greg Briest

The stretch of La Brea between 1st Street and 2nd Street is becoming L.A.’s newest retail destination for boutique retailers. The block now has 18 boutique shops, according to research from JLL, and 10 of those shops are exclusive to the California market. This retail demand is driven by new residential activity, especially from young professionals who are moving to the area in response to rising rents in West Hollywood. To find out more about the retail growth, we sat down with Greg Briest, an associate at JLL, for an exclusive interview.

GlobeSt.com: Why is La Brea becoming a growing hub for retail boutiques?

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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.

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