Babak Ziai Brandview Capital Partners active in the submarket GlobeSt.com: Give me a snapshot of the Santa Monica retail market today. Babak Ziai: GlobeSt.com: Retail properties in Santa Monica have extremely high barriers to entry. Why do investors want to be in this market and what does it take for an investor to break into the market? Ziai: GlobeSt.com: In light of investment fundamentals you describe, what is your investment strategy? Ziai: GlobeSt.com: Tell me about retail tenancy. What types of tenants are attracted to the market, and how difficult is it for tenants to find available space? What is your recommendation to tenants looking in this market? Ziai: GlobeSt.com: Have you seen tenants migrating away from Santa Monica to other hot but cheaper markets, like downtown, the South Bay or Hollywood? If so, is there a concern about decreasing demand? Ziai: GlobeSt.com: What is your forecast for the urban retail market sector in Santa Monica in 2016? Ziai:
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
Kelsi Maree Borland
