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Retail rents starting to inch up

from Los Angeles Times

After surviving a brutal recession that saw many chain retailers, restaurants and shops struggle and even go under, Southern California landlords are regaining the upper hand in rent negotiations. With shoppers willing to spend money again, signs of a retail revival in greater Los Angeles are starting to spread beyond destinations such as trendy Robertson Boulevard in West Hollywood and malls in Calabasas to once less popular areas such as downtown Long Beach as well as Echo Park and Highland Park in Los Angeles. more

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