Shopping Center Business

SEP 2018

Shopping Center Business is the leading monthly business magazine for the retail real estate industry.

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4 • SHOPPING CENTER BUSINESS • September 2018 ® FEATURES 42 | FOR CALIFORNIA RETAIL, SMALLER IS BIGGER A downshifting in space and activity doesn't necessarily spell doom and gloom for the state's shopping centers. Instead, investors are choosing to do more with less. Nellie Day 52 | INVESTORS PRESSING PAUSE OR PLAY? Retail investors have pumped the brakes in 2018 but are poised to accelerate into the end of the year. Interview by Randall Shearin 56 | PHILADELPHIA CONTINUES RETAIL REVIVAL Local industry experts discuss Philadelphia's booming Center City district in roundtable discussion. Interview by Randall Shearin 64 | A NEW DISTRICT IN CENTER CITY PREIT and Macerich are developing a transit-oriented destination that will enliven the Market Street area of Philadelphia with fashion, dining and entertainment. Lynn Peisner 68 | DOWNTOWN WILMINGTON: THE SECRET MARKET With a strong daytime population and a growing regional population, Downtown Wilmington, Delaware, has efforts underway to attract new retail. Interview by Randall Shearin 78 | LBG REAL ESTATE REINVESTS IN THE RETAIL REVOLUTION From sought-after services to modern facilities and today's top tenants, LBG is actively revamping its retail centers to accommodate tomorrow's top shopper. Nellie Day REVIEWS 40 | SOUTHERN TRADITION WITH A MODERN TWIST Fast casual concept Holler & Dash Biscuit House offers a fresh take on classic southern cuisine geared towards millennials. Katie Sloan DEPARTMENTS 8 NEWSLINE 24 CAPITAL MARKETS 34 DEVELOPMENT NEWS 79 CLASSIFIED ON THE COVER Center City sees new retail, see page 52. Cover designed by Nick Topolski. Image of Center City Philadelphia by Matt Stanley, courtesy of Center City District. SEPTEMBER 2018 LEADING THE WAY THROUGH THE 21ST CENTURY ® CENTER CITY PHILADELPHIA SEES NEW RETAIL Plus: Smaller is Bigger in California A Look Inside Wilmington, Delaware LBG's Inventive Projects Capital Markets Review VOLUME 23 ISSUE 5 September 2018 56 42 64

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