Kennedy Wilson is seeing substantial demand for mixed-use properties in Los Angeles, particularly on the development side. said Lee Shapiro, executive v.p.
Shapiro, who has more than 25 years of experience in the mixed-use sector, is seeing tremendous demand from corporate tenants down to mom-and-pop tenants. There are some submarkets that are generating higher levels of interest given the amount of residential being built in the submarket, such as downtown Los Angeles. Hollywood has also gone through a Renaissance over the past few years," he added.