the sign of a Profitable Property

Market Reports

Metro Markets

Although overall demand in the retail sector has been negative, there have been shifts in post-pandemic shopping behavior that have proven advantageous for neighborhood centers. These centers have seen a decrease in available space because they’ve benefited from strong demand from a variety of tenants, including grocery stores. Consumers are showing a clear preference for convenient centers with easy access and various shopping options. Fitness companies like Planet Fitness and Gold’s Gym, as well as boutique gyms, have been actively renting space in neighborhood centers this year. The limited availability and increasing demand for space have led to more robust rent growth in neighborhood centers compared to the broader retail market. This trend is also noticeable in suburban submarkets like Mid-Cities, Antelope Valley, and the San Gabriel Valley, where neighborhood centers represent a significant portion of the retail inventory.

Below are breakdowns of submarkets found in the Greater Los Angeles area.


Downtown Los Angeles

Arts district, Chinatown, Civic Center, Fashion District, Financial District, Little Tokyo, Historic Downtown LA, South Park, and more.



Chandler Park, Magnolia Park, McNeil, Media Center, Northwest District, Rancho Adjacent, and Vega.


Santa Clarita Valley

Bridgeport, Canyon Country, Castaic, Cheyenne, Newhall, Santa Clarita Valley, Steveson Ranch, Valencia, Old Orchard, and more.


San Fernando Valley

Granada Hills, Lake View Terrace, Mission Hills, Pacoima, Porter Ranch, San Fernando, and Sylmar


Santa Monica

Downtown Santa Monica, Mid-City Santa Monica, North of Montana, Ocean Park, Pico, Sunset Park, and Wilshire Montana


West Hollywood

West Hollywood, Norma Triangle, West Hollywood West, and more.

Brokering Success

illi Commercial Real Estate sits down with accomplished broker, Xan Saks, to discuss a leasing deal between his client, Aldi, a supermarket chain, and illi-represented Canyon Center of Santa Clarita.

This interview delves into the intricacies of the deal, Aldi’s unique requirements, and the triumphant opening day of the store. It’s a compelling narrative of teamwork and success in the world of commercial real estate, showcasing remarkable achievements obtainable with collaboration.