West Coast Shopping Center Trends with Matt LoPiccolo

In this episode of The Matthews™ Podcast, host Matthew Wallace kicks off the publication takeover series with the National Shopping Center Report, breaking down the West Coast market with Matthews™ Senior Vice President Matt LoPiccolo.

With deep experience across West Coast retail investment sales, LoPiccolo explains what is driving deals today, from cost of capital and cap rate movement to how leasing costs, execution risk, and tighter financing conditions are reshaping the value-add playbook.

Wallace and LoPiccolo also examine pressures influencing underwriting across the region, including rising operating expenses, tax reassessment impacts, rent resets, and post-COVID build-to-suit rent levels ,and what those trends signal for the next phase of retail on the West Coast.