‘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.
Lee Shapiro is a CRE veteran with over 35 years of experience in the sale and leasing of commercial investment properties with a focus on office, retail, and ground-up development sites. He is currently the exclusive agent for 2.8 million square feet of commercial space across Southern California. In the past two years, Lee completed 92 transactions representing approximately $150 million in value and 450,000 square feet of property.
success. Over his career, he has closed more than 1,400 transactions worth over $2 billion. He is also a committed partner and mentor, working with other members of the KWP team to make a significant impact on various L.A. submarkets including Hollywood, Culver City, Downtown Los Angeles and Santa Monica. His deals and expert commentary have been featured in the LA Times, Connect CRE, LA Business First, The Registry, Eater LA, What Now Los Angeles, Urbanize LA, Commercial Observer, Bisnow, Los Angeles Business Journal and Retail Merchandiser.
A selection of Lee’s notable lease deals in the last three years include: Liberty Behavioral & Community Services (29,650 SF, DTLA), Bristol Farms (23,000 SF, Hollywood), Jean-Michel Basquiat: King Pleasure (21,000 SF, DTLA), Dataland (20,000 SF, DTLA), Enterprise Rent-A-Car (12,600 SF, Los Angeles), The One Elite Training (11,800 SF, Hollywood), 33 Taps (7,900 SF, DTLA), Miirch Social (6,900 SF- DTLA), U.S. Bank (6,000 SF, Hollywood), Panini Kabob Grill (5,000 SF, Hollywood), and Chase (4,600 SF, Long Beach).
Lee has been recognized as a CoStar Power Broker, LA Times CRE Visionary, GlobeSt. Retail Influencer and won the Los Angeles Business Journal’s Silver Award for Retail Lease of the Year in 2023 and 2024.
Prior to joining KWP, Lee worked at Charles Dunn Company, where he most recently served as Senior Managing Director.
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