Simon Prichard and Mark Trowell at the Lee Brokers Summit.

LAS VEGAS—Like markets across the country, London is balancing density needs and industrial demand. With limited land—thanks from a zoning transition that shifted land from commercial uses to residential uses—and rising need for logistics space, multi-story industrial formats are growing in popularity. While industrial demand is strong, high street retail has remained healthy. The market could be an indicator of trends to come in the US, or at least an example of how one city is balancing these competing needs.

At Lee & Associates annual broker's summit, GlobeSt.com sat down with Simon Prichard, senior partner at London-based Gerald Eve, and Mark Trowell, partner at Gerald Eve, to talk about the industrial and retail activity in London, and how the city is accommodating these needs. During the exclusive interview, we also talked got an update on Brexit and how foreign capital, particularly from the US and Canada, is impacting the market.

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Kelsi Maree Borland

Kelsi Maree Borland is a freelance journalist and magazine writer based in Los Angeles, California. For more than 5 years, she has extensively reported on the commercial real estate industry, covering major deals across all commercial asset classes, investment strategy and capital markets trends, market commentary, economic trends and new technologies disrupting and revolutionizing the industry. Her work appears daily on GlobeSt.com and regularly in Real Estate Forum Magazine. As a magazine writer, she covers lifestyle and travel trends. Her work has appeared in Angeleno, Los Angeles Magazine, Travel and Leisure and more.