RENTV: Erewhon Inks Lease for 9.5k sf Market at Historic Garage Property in Downtown L.A.
Erewhon, the natural foods store known for its tonic bar, organic produce and pressed juices, has inked a lease for a 9.5k sf store at 900 South Hill Street in downtown Los Angeles. The market will be Erewhon’s fifth store in California, with other stores located in Beverly Hills, Venice, Calabasas and a recently announced location coming to Santa Monica. Terms of the lease were not disclosed.
As mentioned in a previous article a few days ago on RENTV, Markwood is moving forward with an adaptive reuse development plan for the 200k sf parking structure, consisting of nine stories – six floors above grade and three floors below-grade. As one of the city’s oldest parking structures, 9th & Hill is at the center of the downtown revitalization efforts given its location in the Historic Core District and its designation as a historical cultural monument. The property currently consists of 10k sf of ground floor retail and 400 parking spaces.