Steady Activity in the Los Angeles Retail Market

The Los Angeles retail market has experienced moderate sales activity since early 2023. The fourth quarter recorded $810 million in sales, following $651 million in transactions during the third quarter. This level of activity falls short of the $1.1 billion in transactions typically seen quarterly over the past decade.

Rise of Private Buyers

Over the past year, private buyers have significantly increased their share of activity. Historically, about 70% of sales have involved this buyer category, but over the past 12 months, their share of acquisitions has surpassed 80%. The motivations for these private buyers vary widely, ranging from buying and holding quality assets to redeveloping obsolete sites.

Decline of Institutional Buyers

In contrast, institutional buyers, private equity, and REITs have retreated from the market. Historically, these three categories combined accounted for around 20% of sales, but over the past year, they represented only about 5% of buyer activity.

Unlock Your Investment Potential with The Ponce Real Estate Group

The Ponce Real Estate Group is here to assist you in navigating the Los Angeles retail market. Whether you're a private buyer looking to expand your portfolio or considering a 1031 exchange to relocate your investments, we have the expertise to guide you.

Contact us for a no-obligation evaluation of your property—you might be surprised at its value. Let's explore your options and maximize your returns.

Reach out to us today:

·         Frank: (310) 503-4158

·         Viktorie: (424) 301-0075

Your investment journey starts here. Let us help you make informed decisions and seize opportunities in the dynamic Los Angeles retail market.