GlobeStreet reports that Rancho Cucamonga is in the midst of “retail transformation.” Significant population growth has resulted in both residential and retail development in the city, and further demand is expected—including in the vicinity of the Victoria Gardens Mall.
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Land Use
Palm Springs Retail Revitalization Potentially at Risk
Posted in Real Estate
Palm Springs, California, is experiencing an economic revitalization; however, this retail revitalization may be under threat, with “retail, recreation and entertainment, and food services” being most at risk. …
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A Unique Situation for a Unique Asset
Posted in Real Estate
A mall located in West Los Angeles has been put up for sale by its owner, Santa Monica-based REIT Macerich Co. Although the mall is facing many of the same systemic pressures that other malls are facing nationwide, those are not the only reasons the mall is up for sale.
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Driverless Cars and Driverless Spaces: The Future of Retail
Posted in Real Estate, Technology & E-Commerce
A world of driverless, or autonomous, cars is much closer than we may think. According to numerous automobile industry experts, driverless cars will be in use and on the roads within the next 10 years, and will leave an indelible mark on retail real estate development.
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The Pitfalls of Subterranean Parking for a Retail Development
Posted in Real Estate
Prospective buyers of retail development face a plethora of issues when negotiating a potential purchase; Southern California buyers are also confronting issues related to the availability of parking. What are the pitfalls of subterranean parking? …
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