September 26, 2015
The Success Of Retail In Under-Served Markets

Plaza Del Valle is a 14-acre, 250,000-square-foot retail center in Panorama City. It enjoys a 96 percent occupancy rate, and is home to national name-brand retailers like Wells Fargo, Dennys, IHOP and Sprint, who operate alongside first time small business owners running barber shops, upholstery services and an internet café, among others. This bustling atmosphere wasn’t always the case, however. The center was only 40 percent occupied when it was purchased by Agora Realty & Management in 1999.

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