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November 14, 2018
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SOUTHERN CALIFORNIA NEWS
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Erewhon Inks Lease for 9.5k sf Market at Historic Garage Property in Downtown L.A.

1/16/18

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.

“The addition of Erewhon works in harmony with the historical nature of our building, both in use and architecture, and we’re excited to be bringing this great amenity to the area,” said Simon Aftalion, Development Director at Markwood. “Through our development strategy, we intend to preserve the building’s history while looking to the future – restoring the building to its former grandeur by maintaining its use as a parking garage, while also bringing the property up to par with the needs of the city’s bustling neighborhood, as we look to integrate creative office space to the site.”

The Erewhon at 9th & Hill will feature a fully integrated tonic, juice and coffee bar, pizza oven, hot and cold cases, a wide selection of organic, vegan and raw foods, and more. They were repped by Yuval Chiprut of Slated Projects Inc. Andrew Turf and Jonathan Schley from CBRE represented Markwood in the transaction.





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