Is there a specific designation for retail real estate for only luxury companies? (Think rodeo drive)
Is there a particular designation for that type of retail real estate? For example, for someone who hasn’t studied commercial real estate in college or elsewhere, is there a specific term or classification within CRE for this specific little niche of retail real estate?
[{"id": "fxlemgh", "text": "**CLHMS designation**", "replies": [{"id": "fxll7cg", "text": "Yup, Certified luxury homes", "replies": [], "depth": 2}], "depth": 1}, {"id": "fxlidqa", "text": "High street retail", "replies": [], "depth": 1}, {"id": "fxlijsv", "text": "High Street Retail", "replies": [], "depth": 1}, {"id": "fxoebi4", "text": "High Street Retail generally refers to a public street with multiple property owners that lease to high end retailers (like your Rodeo Drive example).   If you are talking about a shopping center (single owner) that focuses on high end retailers that\u2019s a \u201clifestyle center\u201d.", "replies": [], "depth": 1}]