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Retail Leasing Activity, Absorption Up

SAN DIEGO-With strong anchored neighborhood centers tightening and pent-up demand on the investment front, the West Coast retail horizon is beginning to brighten.

By Carrie Rossenfeld | Updated on September 18, 2012

SAN DIEGO-Experts in the retail sector are saying that this area is beginning to show signs of stability on the West Coast and in Southern California in particular. Local investors are anxious to purchase quality retail assets, and investors nationwide and globally are attracted to the region’s strong demographic makeup and density, Jereme Snyder, SVP, retail services for Colliers International, tells GlobeSt.com.

As GlobeSt.com previously and exclusively reported, Australian women’s activewear retailer Lorna Jane has expanded its presence in the US with 11 new leases throughout the Southern California region. The tenant has taken prominent retail sites in Santa Monica, Woodland Hills, Glendale, Irvine and Huntington Beach, as well as a warehouse for the support of these sites and online fulfillment in Santa Monica. Is this a harbinger of what’s to come with respect to international retailers?

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