Neighborhood shopping center in Los Angeles that was repositioned and renovated.
Property Size
- 186,800 square feet of retail space
Local Population Density
- 11,500 people/square mile
Highlights
- Existing property in the Baldwin Hills/Ladera Heights district of Los Angeles that was built in 1965 and was underperforming at the time it was acquired.
- Anchored by Ralphs, Sav-on Drugs and Ross Dress-for-less. Other key tenants include Bath and Body Works, Starbucks, Magic Johnson TGI Friday’s and Wells Fargo Bank.
- Renovated the property to expand anchor tenant Ralphs’ space and to provide a safe, secure shopping experience consistent with shopper expectations. Significant upgrades were made to the property’s façade, signage and lighting.
- Improved the merchandise mix so that selection and price points appealed to a broader customer base.
- Refurbished property became what the Los Angeles Times called “part community center, part social club” for area residents.
Awards & Honors
- Earned Renaissance Award honors from the Los Angeles chapter of the Commercial Real Estate Women Network in 2001 for its contribution to the revitalization of Los Angeles.
Walk Score: 85 | Transit Score: 48 | Bike Score: 53
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