Headquartered in Los Angeles, California, Festival is recognized nationwide as a respected innovator of urban in-fill shopping center redevelopment and ground-up development, transforming real estate into quality retail destinations that suit their unique locations and demographics. Built upon a foundation of entrepreneurship and more than 30 years of experience, Festival takes a disciplined and hands-on approach to every aspect in the development and operation of shopping centers and commercial retail real estate.
Since 1980, Festival and its founding principals have successfully acquired, developed, redeveloped and operated more than 120 projects in a broad array of retail property types — including regional malls, high-quality street retail projects, lifestyle center destinations, community centers, neighborhood centers, urban retail and retail-driven mixed-use properties. Festival also operates an institutional investment joint venture division. The company has a strong track record of active investment participation with major insurance companies, banks, pension funds and private investors in the United States.
Through Festival's reputation of successful development and management of its own properties, the company attracted a large client base who recognized the value of Festival providing development, leasing and management services through its in-house capabilities. In 1990 the company formed an additional division, Festival Management Corporation, dba Festival Commercial Real Estate Services, its third-party real estate services, management and real estate advisory firm. Festival Management Corporation provides top-tier real estate services to institutional owners and private investors nationwide.
investing and operating retail real estate to maximize the highest level of performance.
Managing through top-tier real estate services that achieve optimal results.