How brick-and-mortar shopping centers choose to respond to continued shifts in consumer behavior and spending remains a key trend to watch in 2020.
Centers such as South Coast Plaza and Fashion Island aggressively continue to seek out first-to-market concepts to edge their store assortments past the competition as others, such as Merlone Geier Partners’ recently renamed Village at Laguna Hills, seeks all-out redevelopment for now tired mall concepts.
Keep an eye on new shopping districts, such as Ryan Chase and his family-run S&A Management LLC’s collection of shops in downtown Santa Ana, which are on the vanguard of creating more unique retail environments and drawing in-demand and up-and-coming tenants.
