California Centers

SEP 2018

California Centers Magazine serves retailers, developers, shopping center owners, investment sales brokers and tenant representation firms throughout the state of California.

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30 California Centers Magazine | September 2018 C C UCLA Health launched its inaugural retail outpost at the Village at Westfield Topanga in October 2015. floors that features an urgent care clin- ic and primary care services. Pediat- rics, OB-GYN, wellness and disease prevention services will also debut at the center in the coming year. The 32,000-square-foot space is situated above Lyfe Kitchen. True to form, con- venience, access and visibility were critical components of this project for the healthcare group. "The new offices are part of our ongoing efforts to bring our doctors closer to where our patients and em- ployees live and work," notes Dr. John Jenrette, executive vice president of Cedars-Sinai Medical Network. CBRE's Todd Doney and Chris Iso- la represented Cedars-Sinai Medical Group in the transaction, while Kent Handleman and Robert Hook led the negotiations for Lincoln Property Company. Ruddick's prediction that consum- ers may be able to add a blood test to their shopping list may not be that far off — at least not if personalized med- icine companies like Arrayit get their way. The Silicon Valley-based compa- ny recently completed an allergy test- ing pilot program for one of nation's largest chains of retail stores. The un- named retailer collected finger stick blood specimens from their in-store customers, which were processed by Arrayit to measure food and envi- ronmental allergies. The results were valuable to both the store's custom- ers and the retailer, who used them to make personalized recommendations of in-store products, treatments and medications. "Retail stores see hundreds of mil- lions of consumers daily, so retail is a great way to deploy our allergy test," says Mark Schena, president of Array- it Corporation. "Healthcare-related services in retail chains uniquely al- low consumers to integrate health and wellness such as allergy testing into their overall positive shopping expe- rience." IT'S A CLUSTER Healthcare tenants may offer di- versification among retail offerings, but they can also be complementary co-tenants to other health- and well- ness-centric neighbors. This includes fitness tenants like Equinox or Core- Power Yoga, health-food stores like Whole Foods or Nektar Juice Bar, aes- thetic services like Brazilia Skin Care or Sola Salons, athleisure providers like Lululemon or Athleta, drugstores like CVS or Rite Aid and spa services like Burke Williams and Massage Envy. "At Westfield Century City, we have even strategically placed our health tenants within close proximity to form an optimal 'wellness wing,' which makes it easy for our guests to discov- er and explore the various offerings and categories we have within the health space," Ruddick explains. Medical-adjacent services have be- come so popular that the trend of ecommerce-only tenants entering brick and mortar no longer extends to retail, but to health-focused tenants, too. "Oral cosmetics and hydration cen- ters seem to be trending in retail spac- es," adds Clare Collins, a sales associ- ate in Kennedy Wilson's Beverly Hills office. "In the oral cosmetics world, we're seeing traditionally online firms seeking brick-and-mortar space. This includes companies like Invisalign and Smile Direct. The other new pseu- do-medical use is the hydration room where customers can come in and re- ceive IVs. The Hydration Room, which offers intravenous and injection therapies, offers six locations in Los Angeles and Orange County. Its Huntington Beach outpost is a prime example of clustering, as it's situated within an LA Fitness at Seacliff Village. The gym enjoys a convenience location near like-minded tenants, including Hap- py Nails & Spa, Nektar Juice Bar, Pure Barre, HS Salon, Nutrition Zone and Planet Beauty. Cardinal Dental, Mas- sage Envy and the Joint Chiropractic are in a second cluster, nearby.

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