The Starbucks Effect Is Cooling Off — What It Means for Southern California Real Estate

The “Starbucks Effect” that once boosted home and commercial property values near new Starbucks stores is cooling off. With closures across Los Angeles County, Arcadia, Pasadena, and Monrovia, local investors are rethinking neighborhood growth signals. Fertig & Gordon explains how shifting retail patterns create new real-estate opportunities in Southern California.