Organic food market inks lease at luxury Culver City development

Los Angeles /
May.May 26, 2016 09:30 AM

Culver City is getting a taste of granola.

Co-Opportunity Natural Foods, the Santa Monica-based organic market, has signed a lease for 19,000 square feet at the mixed-use development Access Culver City for its second store. It will open in 2017.

The luxury development, at 8770 Washington Boulevard, will be completed next month and will feature over 31,000 square feet of retail and restaurant space, as well as 115 apartment units. The development is directly across the street from the Culver City stop on Metro’s Exposition Light Rail line, which recently opened a new Santa Monica station.

The transaction was brokered by CBRE’s Timothy Bower and Zachary Card. The involved parties declined to reveal the value of the lease.

Also known as “The Co-op,” Co-Opportunity Natural Foods opened its in first store in 1974, at 1525 Broadway in Santa Monica.

The developer of Access Culver City, Charleston-based Greystar Real Estate Partners, said the development’s proximity to the Expo Line is an important element of its design.

“The mission of this development was always to create a true mixed-use and transit-oriented community,” Greystar managing director Perry Pound said in a statement. “Our residents will be able to enjoy the access and convenience of a premier organic specialty grocer, as well as access to both Downtown Los Angeles and the beach with the completion of the Expo Line.”

Greystar recently acquired a 159-unit apartment community in Koreatown for $72.1 million, The Real Deal reported in March.


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