• The long awaited Vineyards at Porter Ranch finally completed in the Western San Fernando Valley, delivering 345,000 sq. ft. of new retail space to the region.
  • There are 1.5 million sq. ft. of retail space under construction, with approximately half to be completed by year-end.
  • The overall average asking lease rate jumped to $2.89 per sq. ft., up 16.1% quarter over quarter.