Retail Property Prices in Los Angeles – June 2013
Retail Property Investment Potential
After years of the Retail Sector taking a beating in the commercial real estate industry, the summer of 2013 saw a uptick in both rent and sales prices. Sales prices appear to lag behind the increase in Los Angeles Retail Lease Rates, but sales prices are predicted to increase on the state and local level. Retail Properties should benefit from an improvement in the overall economy and investors moving away from the numerous overpriced multi-family and residential income markets.
Any real estate investor interested in Los Angeles retail properties will find reviewing the graphs below beneficial.