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A Look at SD’s Retail Big-Box Market

While this is a shrinking trend, players with mature brick-and-mortar and e-commerce platforms are remaining and thriving in the market, CBRE’s Reg Kobzi tells GlobeSt.com.

Reg Kobzi Kobzi: “The power centers of yesteryear are just not happening.”

SAN DIEGO—While retail big-box is a shrinking trend, players with mature brick-and-mortar and e-commerce platforms are remaining and thriving in the San Diego market, CBRE SVP Reg Kobzi tells GlobeSt.com.

According to a report from the firm, in addition to the 144,146 square feet absorbed into big boxes during the second half of 2017, six tenants have obtained leases on an additional 167,304 square feet for big-box spaces currently under construction and set to deliver in 2018-2019. The majority of the proposed boxes will be located in South San Diego and will house discount retailers.

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Carrie Rossenfeld

Carrie Rossenfeld

Carrie Rossenfeld is a reporter for the San Diego and Orange County markets on GlobeSt.com and a contributor to Real Estate Forum. She was a trade-magazine and newsletter editor in New York City before moving to Southern California to become a freelance writer and editor for magazines, books and websites. Rossenfeld has written extensively on topics including commercial real estate, running a medical practice, intellectual-property licensing and giftware. She has edited books about profiting from real estate and has ghostwritten a book about starting a home-based business.

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