the sign of a Profitable Property

Market Reports

Metro Markets

The Los Angeles retail market has faced challenges such as a rising vacancy rate, slowing population growth, and reduced demand due to pandemic-induced hybrid work arrangements and decreased overnight travel. However, recent leasing volumes have held steady due to business formation, and notable players such as Amazon and Erewhon have expanded their presence. While a recession is projected for the second half of 2023, L.A.’s retail market is projected to remain steady due to a relatively lower retail stock per capita compared to other markets.

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

LOS ANGELES

Downtown Los Angeles

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

BURBANK

Burbank

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

SANTA CLARITA VALLEY

Santa Clarita Valley

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

SAN FERNANDO VALLEY

San Fernando Valley

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

SANTA MONICA

Santa Monica

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

WEST HOLLYWOOD

West Hollywood

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

Successful Tenants

Meet Phil, owner of Freda’s Pizza & Woodfired Kitchen in Westlake Village, CA. His passion for the craft led him and his partner to create Freda’s Pizza & Woodfired Kitchen, a concept that combines traditional techniques and ingredients with a modern twist.

With a prime location secured, Freda’s Pizza & Woodfired Kitchen was able to hit the ground running and quickly establish itself as a popular destination for pizza lovers.

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