Irvine Co. Retail Perseveres the Recession

It’s pretty safe to say that The Irvine Co. has the retail market cornered in its namesake Orange County city. The company owns 8.5 million square feet of retail, totaling 40 centers, in a master-planned community it built over decades referred to as the Irvine Ranch.  Much of that retail is necessity-based, but the firm also operates a handful of high-profile centers, such as Irvine Spectrum. Fred Collings, senior vice president of leasing at Irvine Retail Properties, spoke to us about trends he sees in the markets and some projects the company current has in the works.

GlobeSt.com: How were you impacted by the store closings during the recession and how are retailer expansions impacting the firm?