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Surrounding ICSC's RECon 2019 event, we caught up with a leasing specialist at Hines, among other experts, to talk about omnichannel retailing, store experience, design and more.
The brokerage firm in its first quarter 2019 market snapshot report notes that availability and vacancy are near all-time lows and rental rates continue to increase at a 3.5%-4% annual rate.
The area has been home to a good amount of new development and property revitalization in recent years, along with a Trammell Crow multifamily project and the headquarters of Airbnb, Zynga and Pinterest.