Southern California’s retail market is a paradox: fundamentally strong, yet constrained by one persistent challenge—lack of supply.
SRS Managing Principals Terrison Quinn and Calvin Short share insights into how undersupply is affecting both the leasing and investment sales side of retail. Despite robust demand and strong fundamentals, barriers such as lengthy entitlement processes, construction costs, and bankruptcies are creating ripple effects across SoCal.
Investors are increasingly looking to high-growth markets outside California, while locally, tenants are competing for limited space in grocery-anchored centers, freestanding QSRs, and necessity-based retail.
Read more at Shopping Center Business.