Research & News

James Keefe, Senior Account Manager at Beta, was recently featured by GlobeSt where he explains the in’s and out’s of leasing a retail property with a formula retail ordinance.James Keefe, Mitchell Hernandez, and Richard Rizika represented Jamestown in leading the leasing efforts for Malibu Village, a retail center in the city of Malibu, CA which has a formula retail ordinance. The combined efforts have lead to leases signed with brands such as WITTMORE, Surfing Cowboys, The Stronghold, Teressa Foglia, Higher Standards, and The Mindry. Recently, the iconic restaurant Broad Street Oyster Co. has signed a two-year lease extension.The city of Malibu is one of a few cities to have an ordinance in place for retail.To read the full article, please visit: https://www.globest.com/2020/02/03/how-to-lease-a-retail-property-with-a-formula-retail-ordinance/?slreturn=20200103104220

8000 Sunset is a high-performing, grocery anchored daily needs center totaling 169,775 SF of total GLA and an assorted merchandising mix located directly on Sunset Blvd in Crescent Heights. The Center is highly convenient to access and features five levels of subterranean parking with over 800 parking spaces. 8000 Sunset is surrounded by an affluent residential population and serves as the go-to center for the local community. Beta is excited for the opportunity to collaborate with Weingarten Realty to enhance the tenant mix by bringing in new brands to the center.For leasing information, please contact James Keefe or Mitchell Hernandez.

Ivy Station is a long-awaited mixed-use development that consists of HBO’s new 240,000 square foot HQ, 50,000 square feet of transit-oriented retail, 200 residential units, and a 148-room hotel. In addition to HBO, the project will be home to LA Ale Works, and Equator Coffees and Mamoun’s Falafel’s LA flagship locations. Culver City’s recent boom in high profile office development has made it a sought after destination for a multitude of brands and concepts, and Ivy Station’s proximity to the Light Rail will make it a dynamic project connected to a variety of communities and visitors.Beta is honored to have helped Equator Coffees secure their flagship location at Ivy Station. Established from humble beginnings in 1995, Equator now has 8 Bay Area locations and over 400 wholesale partnerships, however it is their steadfast focus on sustainability and social responsibility that led to them becoming the first California coffee roaster to earn B-Corporation status.To read more, please visit: https://la.eater.com/2019/12/13/21013254/la-ale-works-culver-city-ivy-station-new-development-news