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Jeremy McChesney Jeremy McChesney is an EVP at Hanley Investment Group Real Estate Advisors.

While single-tenant and multi-tenant retail properties are in high demand, there aren’t a lot of opportunities for investors in Southern California. Quality assets in the L.A. area rarely come to market, and when they do, pricing is competitive. In fact, this year, we have seen record-breaking cap rates on single-tenant retail properties. As a result, some investors are leaving Southern California to find more opportunities and better yields.

Kelsi Maree Borland

Kelsi Borland is a freelance writer and editor living whose work has appeared in such publications as Travel + Leisure, Angeleno and Riviera Orange County.

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