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6/04/21
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Hauser & Wirth, a world-renowned art gallerist headquartered in Zurich, Switzerland, inked a 10-year lease for a 10.8k sf building in West Hollywood. The lease value was not disclosed.
Hauser & Wirth will occupy the entire building, located at 8980 Santa Monica Blvd, on the southeast corner with LA Peer in the dynamic West Hollywood Design District just east of Beverly Hills.
Built in 1931, the building is a local icon due to its spectacular bow truss architecture and 30-year history as home to Heritage Classic Cars which has moved its operations online. The charming, architecturally compelling building features 161 feet of glass line, offering high visibility and presence.
Christopher V. Bonbright, with Avison Young, along with Lauren Aboulafia of Conroy Commercial, represented the landlord, Will Enterprises LLC. Hauser & Wirth was represented by Tyler Stonebreaker and Geoffrey Anenberg of Creative Space.
The design and renovation work at the building is underway with a grand opening anticipated for fall 2022. The space will include an art gallery and restaurant. This is the second Los Angeles-area outpost for Hauser & Wirth and ArtFarm, a hospitality company owned by Iwan and Manuela Wirth, the co-presidents of Hauser & Wirth. Their first, featuring the celebrated restaurant, Manuela, is located in the Arts District.
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