The Importance of a Strong Retail Component in New Development

A strong retail component is a crucial aspect of mixed-use development. However, retailers prefer to have office tenants (potential customers) in place before signing a lease, while office tenants prefer that retail amenities already exist before committing to a space. How are asset owners responding to this challenge?

About the author

Dain Fedora is Director of Research for Southern California and based in Newmark’s Downtown Los Angeles office.

For more information

Alexander (Sandy) Paul, Senior Managing Director of National Research, APaul@ngkf.com