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Lee & Associates-LA North/Ventura Transacts More Than 75,000 SF of Leases at Shoppes at Westlake Village

05/08/2014

In-N-Out, Tillys, Olio e Limone and Jeannine’s are among the newest tenants
to join the 
Target-anchored center

 

WESTLAKE VILLAGE, CA – May 5, 2014 – Lee & Associates-LA North/Ventura has transacted more than 75,000 square feet of leases that will bring In-N-Out Burger, Tilly’s and several very popular Santa Barbara eateries to newly constructed Shoppes at Westlake Village, according to Stephanie Skrbin, a Lee principal who represented Shoppes at Westlake Village with Mike Tingus, Lee president, in the transactions.

The newest tenants follow on the heels of Target, which is constructing a 138,500-square-foot store, and Total Woman Gym + Spa, which earlier inked a deal to locate in the center, located on Russell Ranch Road at the Lindero Canyon exit of the Ventura (101) Freeway.

Shoppes at Westlake Village, a 240,000-square-foot open air retail center with architecture reminiscent of a European village, trellis-covered walkways, fire pits, fountains and seating areas throughout, is set to open this summer.

“Our priority was to make sure that our target customer was well served by Shoppes at Westlake Village,“ said Dan Selleck of Selleck Development Group, the developer and owner of Shoppes at Westlake Village. “As a resident of Westlake Village myself, I wanted to create a community gathering spot where people could hang out and shop a select mix of unique tenants that have been successful in other markets.”

In-N-Out Burger will operate a restaurant and drive-through accommodating 21 cars at the site. The other new eateries include Olio e Limone, with a fine dining restaurant and more casual pizzeria, Jeannine’s, which will debut a new concept resembling a farmer’s market with bakery, and Los Agaves Restaurant offering Mexican fare.  This is the first Los Angeles County location for Santa Barbara-based Olio e Limone, Los Agaves and Jeannine’s, which also has a location in Montecito.

Also on the tenant lineup are Hook Burger, a relatively new fast casual restaurant by the founder of The Habit; Greens Up!, a health-conscious salad concept with locally sourced ingredients currently in two Santa Monica locations; Gallery Seafood and Chop House; and Bowl of Heaven, serving acai bowls, smoothies and juices.  The upscale Hook Burger bistro, which serves wine and beer, also bills itself as offering responsibly sourced, sustainably grown, and humanely raised, hormone- and antibiotic-free ingredients.

“We were not looking for cookie-cutter stores and restaurants that customers can find on every corner,” said Skrbin.  “At the same time, we are fortunate to have many interested tenants who were attracted by Target’s location, our ample parking and the unique nature of our center.”

The hair salon, All Tressed Up, offers blow dry and makeup services with complimentary champagne and iPad-use for those who just can’t stay away from technology. Also on the tenant roster is Kirk Jewelers, which is relocating from another Westlake Village location, Tillys, a popular surfwear, skatewear and apparel chain, a nail salon and a beauty supply store, and Carriere, a menswear boutique.

The leases executed so far bring Shoppes at Westlake to 80 percent occupancy.

“Everyone involved in this project has taken great care to make sure it will not only fit in with the community, but add value to it,” said Tingus, who also represented Selleck Development in the acquisition of the land site.  “We knew from the beginning that we had a great opportunity to do something really unique, and we are realizing that vision.” 

05/05/2014 - 09:00

Source

Lee & Associates

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