Lincoln & Rose Shopping Center Venice, CA

NWC of Lincoln Blvd & Rose Ave
75,500 SF
Underutilized, neglected shopping center located in a booming, urban location
Site Challenges
  • Low rents / existing tenants
  • Poorly maintained
  • Environmental issues
  • Ground Lease
CPI Value-Add
  • Bought out existing leases and executed Whole Foods lease within 60 days of acquisition
  • Worked around existing tenant base to completely redevelop the center
  • Won 9 awards including 2009 Silver ICSC U.S. Design and Development award and 2010 Los Angeles Business Council Architectural Award for Renovated Building
  • The Whole Foods is among the highest performing stores for the chain in the U.S.