The blog that
brings you Southern California’s most informed Commercial Real Estate
happenings.
Expansions
Togo’s
is on the comeback trail with a couple of franchisee deals in California. One up North, and one for the San Fernando
Valley. Following suit is PizzaRev whose
aggressive expansion plans includes a franchisee in Riverside County. There is a food frenzy going on in Southern California,
and I am interested in knowing how many more besides San Francisco based Cream
is going to take advantage of it.
Upcoming Projects
What
does fashion have to do with luxury hotels?
Everything, dah’ling! Just ask
the folks erecting a masterpiece adjacent L.A. Live in DTLA at Fig Central. Apparently, in addition to hosting
fashionistas in its rooms, the new hotel will bear the name and design of
Roberto Cavalli. Who would have thought that DTLA would clean up so nicely?
And,
speaking of clean ups. While this is
definitely a relocation story, I have to put it here because Nordy’s has said
goodbye to its digs at the Westside Pavilion and is heading over to hang out
with the in crowd at Westfield Culver
City (formerly Fox Hills Mall). I
remember back in the day when I was a burgeoning “b-girl” I spent my teenage
years walking up and down the one hall corridor at the Fox Hills Mall with my
girlfriends trying to get the number of all of the hot bad guys that used to
populate it. These days, Fox Hills has
experienced the same revamp that is happening all over Southern California in areas
like Echo Park, DTLA, Rancho Cucamonga, and Silver Lake. Areas that were once known for seedy times
have stepped up their game.
Speaking
on about ratchet neighborhoods that made it to the big time, South Silver Lake
is seeing itself get all dolled up by developers at the CIM Group. Word is they just purchased a huge parcel,
and will be building a mixed-use something or other.
A
mixed-use development is coming to San Diego in 2018 at One Paseo, and has
expectations of over 500 residential units and retailers such as Pinstripes
(there is bocci ball at this place, and I do not even know how to play it or
what it is but I am excited to learn about it), Puesto and True Food Kitchen.
For
all of you football fans, work is starting on the new NFL stadium in Inglewood
this year. That area can expect a
resurgence, so brokers get ready to populate.
Upcoming
Openings:
Pieology Pizzeria has
made its way to Culver City, and so has Ziggy’s. For those of you have never
been down under, Ziggy’s is a happening Australian barbershop and salon and not
that character from the History Channel’s Vikings drama series (although she
was very entertaining before she was killed off).
Beverly Hills can
expect a new well-monied retailer in June, because Sephora is opening an
enormous brick and mortar space on North Beverly Drive. Yes, ma’am.
As
always, I’ll keep my ear to the ground, and my eyes wide open as I head on out
to industry events like ICSC RECon in May and CoreNet Global in October to keep
bringing you the latest moves in Southern California.
Follow
me on Twitter @TolerandAssoc and feel free to like me on Facebook www.facebook.com/tolerandassociates
or check out my latest Blog posting at the Brokers List and the San Bernardino
American News.
See you at the
Show, tahtah...Shar
Blog
written by Shar Toler of Toler & Associates, LLC. Toler & Associates have been successfully
servicing the commercial real estate needs of Southern California for a decade
with factual and functional information that you can trust.
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