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Residential Real Estate Boom Paves The Way For Increased Retail Demand - Real Estate and Construction

After several years of pessimism about the retail market, industry leaders report growing optimism about demand for retail space in the Winter 2022 Allen Matkins/UCLA Anderson Forecast California Commercial Real Estate Survey.
United States San Diego Anthony Burney Mel Warner Neighborhood Retail Centers Are Thriving Retail For Colliers International
Source: mondaq.com

This Week's LA Deal Sheet (May 5, 2021)

The U.S. Bank Tower in Downtown LA’s Financial District will get a $60M revamp that will modernize the lobby and create a 54th-floor tenant lounge with meeting spaces and panoramic views, Silverstein Properties announced. The project aims to upgrade and reposition the 73-story tower. Courtesy of Silverstein Properties U.S. Bank Tower The makeover will also include removing the building’s Skyslide attraction, a transparent slide that went between two of the top floors at the tow...
Hyde Park United States San Bernardino County Los Angeles Orange County Bailey Dawson
Source: bisnow.com

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Recession Creating More Challenges for Retail Businesses

Thursday, February 11, 2021 During the previous economic expansion, retail faced an uphill battle. The current recession tripled down on that struggle. The current pessimistic view among panelists in the latest Allen Matkins/UCLA Anderson Forecast California Commercial Real Estate Survey is that retail properties will be generating significantly lower, if any, returns in 2023 compared to the end of 2020. Overall, the level of new retail property construction is expected to signific...
United States Mel Warner Jonathan Lorenzen Allen Matkins Retail For Colliers International Anderson Forecast California Commercial Real Estate

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