SoCal retail investment rising as development pipeline dries up: NAI

Investment in Southern California retail properties is on the rise in the region despite less retail space selling overall.  In the first six months of the year, retail investment in Southern California reached more than $3.5 billion in Los Angeles, Orange and Ventura counties and in the Inland Empire, Commercial Observer reported. The new figure marks a nearly 62 percent increase compared to the same period last year, according to a new report from NAI Capital cited by Commercial Observer.  At the same time, the Greater Los Angeles region saw a 28 percent year-over-year decrease in the square footage sold […]

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