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Lyft Leases a Building in San Diego

Today on the Southern California Real Estate Report we talk about how the old becomes new. As many big box store start to scale back and close stores these building are left empty. However, the tried and true trope- location, location, location still holds water.

In this case an old Toys "R" Us off Morana blvd has been repurposed into a driver center for Lyft driver.

Its shows that while we often think of gig industry as being model and internet focused it is moving into a space in the Real Estate market.

Its providing an answer to filling retail space.