Partner Kevin Sher Featured in Real Estate Outlook RoundtableOctober 2, 2023 – Article
Real Estate Partner, Kevin Sher, shared his thoughts and insights about what’s next for L.A.’s resilient real estate sector. Below are excerpts from the L.A. Times B2B Publishing feature:
Q: What has been the most notable change in real estate in the last decade, and how has it impacted your work?
The rapid growth of e-commerce companies has reshaped the commercial real estate landscape, decimating traditional brick-and-mortar retail, while creating an industrial real estate development boom that has completely transformed areas like the Inland Empire. Even during the pandemic when other real estate sectors were at a standstill, the activity of the industrial real estate market, with my e-commerce clients seeking to expand and fill in gaps in their distribution networks, has kept me and my colleagues at Greenberg Glusker consistently busy. And now, with brick-and-mortar transforming to complete that last-mile stretch of bringing e-commerce goods to consumers, there are budding opportunities for cross-pollination of industrial with retail.
*This roundtable was originally published in the Los Angeles Times and can be accessed here.