Open-air retail expansion Caruso is actively expanding and reinvesting in open-air retail centers, with near-term projects including a 124,965-square-foot center in California and continued high occupancy. Sales opportunities exist in tenant mix optimization, experiential marketing partnerships, and venue sponsorships to maximize guest traffic and rental yields.
EV charging ecosystem Recent and upcoming partnerships with Rivian to deploy 150+ public EV chargers across Caruso properties create a compelling anchor for automotive brands, energy providers, and lifestyle retailers. Potential opportunities include EV-related retail experiences, maintenance services, and co-branded marketing programs.
Media and advertising reach Caruso collaborates with media networks such as New Tradition to expand its asset footprint for out-of-home advertising, signaling strong cross-sell potential for brand advertisers, experiential campaigns, and sponsorship packages across premier LA destinations.
Community and sustainability Engagement with social impact initiatives and Earth Day partnerships demonstrates a commitment to community and sustainability. Opportunities exist for CSR-aligned programs, sustainable building certifications, and cause-driven campaigns that attract value-aligned tenants and tenants’ marketing partners.
Financial and scale potential With a mid-market revenue profile and a sizeable employee base, Caruso presents opportunities for bundled vendor services, facilities management solutions, and tech-enabled property operations that can improve efficiency, cost savings, and tenant satisfaction across its portfolio.