Caruso’s counterintuitive move in burn zone: Rooftops follow retail

A Los Angeles developer plans to turn the commercial real estate aphorism that “retail follows rooftops” on its head by opening his Palisades Village retail center before the erstwhile homeowners in its draw area rebuild from the recent wildfires. Rick Caruso’s firm Caruso plans to reopen the center, at 15225 Palisades Village Lane, early next […]This article originally appeared on The Real Deal. Click here to read the full story.