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Retail Lifestyle Centers See Resurgence Amid Pandemic, JLL Says

As Shoppers Return, Outdoor Venues Are Seeing Fewer Vacancies, Higher Rents Than Traditional Malls
The Grove in Los Angeles is a lifestyle center, a segment of the retail sector that has been recovering amid the pandemic. (CoStar)
The Grove in Los Angeles is a lifestyle center, a segment of the retail sector that has been recovering amid the pandemic. (CoStar)
CoStar News
October 21, 2021 | 10:29 P.M.

In the pandemic, one retail real estate category is posting a strong performance and outpacing traditional shopping malls: lifestyle centers, according to brokerage JLL. Some mall retailers see these outdoor hubs as a breath of fresh air.

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