‘Experiential’ retail surges as landlords try to lure customers back to the mall
In a former clothing store in Santa Monica, young entrepreneurs hawk products live on TikTok, sometimes in marathon sessions that last many hours.
For the past 35 years, he has specialized in the sale and leasing of commercial investment properties throughout Southern California with a focus on office, retail, and development sites. Lee has extensive experience in assisting private capital and institutional owners/developers of retail and office product with the design and leasing of new projects as well as repositioning of existing properties.
Over his career, Shapiro has closed over 1,300 transactions worth nearly $2 billion. He is currently the exclusive agent for over 2.5 million square feet of commercial space across Southern California. In 2022, he completed 39 transactions representing more than 140,000 square feet of commercial real estate valued at $76 million.
Recent notable accomplishments include a 23,000-square-foot lease with Bristol Farms in Hollywood; the disposition of a four-property portfolio of drive-thru bank branches in Burbank, San Pedro, Lake Forest and Torrance; leases with Whole Foods and CVS; and the completion of 41,000 square feet of leasing with Sephora, CorePower Yoga, Mendocino Farms, Salt & Straw, Philz Coffee, Pop’s Bagels, Afuri Ramen + Dumpling, Yunomi Handroll and Formula Fig at Culver City’s new mixed-use development, The Culver Steps.
Prior to joining KWP, Lee worked at Charles Dunn Company, where he most recently served as Senior Managing Director.
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