Lewis Retail Centers is having a good year, all things considered. Despite the ongoing pandemic, the retail firm has seen momentum in the retail market, particularly with new construction projects. This includes the opening of a new grocery-anchored center, construction of a new anchor tenant and center enhancements.

"Our company has deep expertise in developing shopping centers that perform well across all phases of the economic cycle. As one of the largest shopping center developers in California and Nevada, we have 34 existing centers and more than 10 new projects underway. Simply put, we know what works, regardless of the economic climate," Randall W. Lewis, EVP of marketing for Lewis Retail Centers, tells GlobeSt.com.

While there is increased risk during the pandemic and with heightened market uncertainty, Lewis has focused on its location-driven strategy to continue to remain active in 2020. "Our strategy includes studying location data over decades, paying close attention to demographic trends and market-specific data, and positioning our tenants and our centers for strong performance in the short and long term," says Lewis. Using this strategy, our grocery-anchored centers, casual food concepts and our other needs-based tenants have continued to perform well throughout the pandemic. We also research underserved categories within a particular geography so that we can provide what is needed in those markets."