California Centers

JAN 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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16 California Centers Magazine | January/February 2018 C C Cienega and Sunset boulevards, the new store features everything today's shopper, diner and visitor craves. That includes permanent shop-in-shops, temporary rotating designers, pop- ups, dynamic event spaces, an on-site florist, full-service salon, a restaurant concept by Bill Chait and the Fred Se- gal Cafe by Tartine. This is in addition to the men's and women's fashion, innovative lifestyle, beauty, eyewear, kids and home brands the name is famous for. Fred Segal will also main- tain a rotating roster of designers, performances and events to keep the atmosphere hip, new and fresh – three essential components for any retail nowadays — particularly in a city as entertainment- and innovation-satu- rated as Los Angeles. "Fred Segal is an iconic LA brand that has evolved over the past five decades," says Allison Samek, Fred Segal's CEO. "We are thrilled to be returning to our roots with our new Los Angeles location. Fred Segal has always been known for the collabora- tive take on retail, and in today's retail landscape, that is key to succeeding in the competitive market." Not to be outdone is Nordstrom. Though originally from Seattle, this re- tail powerhouse also chose West Hol- lywood for its new revamping. The 117-year-old luxury department store opened its latest retail concept, Nord- strom Local, inside the city limits this past October. The 3,000-square-foot store is a significant departure from Nordstrom's traditional footprint, which ranged from nearly 385,000 square feet on the high end to just un- der 72,000 square feet on the low end. Size isn't the only thing that matters, however. This new concept will focus exclusively on service, with no dedi- cated inventory to speak of. Instead, plenty of personal stylists will be on hand to assist customers occupying the one styling suite and eight dressing rooms that surround a central meeting space. These stylists will also be available by appointment online or over the phone. Those who opt for in-person appointments can collaborate with their stylist over a California-sourced beer or wine, cold- pressed juice from Pressed Juicery or handcrafted espresso drink from the store's Nordstrom Ebar. They can view the hand-picked selections on a Nord- strom Style Board, a Pinterest-like dig- ital board that can recommend styles for everything from a winter wedding Iconic LA retailer Fred Segal has opened a new 22,000-square-foot store at the corner of La Cienega and Sunset Boulevards. The store includes a restaurant, salon and florist, among other services. 3146 Red Hill Avenue, Suite 200, Costa Mesa, California 92626 | (tel.) 714.432.0990 (fax) 714.432.0352 We offer only the highest caliber of experienced, efficient and business minded attorneys for all real estate and business transactional matters. We are results oriented, entrepreneurial in character and committed to providing quality legal services on a cost effective basis. • Commercial Real Estate Leasing & Development • Lending & Finance • Business & Corporate Transactions • Real Estate Litigation • Estate & Tax Planning • Probate & Trust Administration Michael J. Mirkovich Michael G. Robinson Partner Partner Catherine J. Weinberg Elizabeth Estes Ricci Partner Partner Andrew Y. Prochnow Scott L. Shannon Associate Associate Kevin S. Miao Brent H. Coeur-Barron Of Counsel Of Counsel commercial real estate and business attorneys William D. Buckner Managing Partner

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