Faris Lee Investments contributes to the discussion on new developments and redevelopments across Southern California and where retail projects are advancing, what's getting them off the ground and how owners are determining when to build, reposition, or rethink an existing property..

So much demand, so few places to go. Developers, retailers, and city officials would love to see more options in Southern California, but getting new space off the ground remains a difficult proposition in this environment.

Only 4.7 million square feet of retail was delivered nationally in the first quarter of 2026, according to CBRE. The reason hasn't changed in the past few years: high construction and financing costs.

While the narrative remains...(Read entire article here)