Luminaire inks deal for showroom in West Hollywood

Los Angeles /
Aug.August 23, 2018 09:00 AM
8840 Beverly Boulevard and Crown Equity founder Michael Shabani (Credit: Charley Gallay/WireImage/Getty Images)

The furniture showroom Luminaire is coming to West Hollywood.

Luminaire, the Miami-based company, has inked a 10-year lease at Crown Equity’s 8840 Beverly Boulevard in West Hollywood. The company will occupy 21,000 square feet in the two-story showroom, which will open in October. It will be the high-end retailer’s first location on the West Coast.

The building was constructed 60 years ago, but was renovated in the last decade with floor-to-ceiling glass walls. More renovation work took place earlier this year. The last tenant was Antiquarius Jewelry Mart, a jewelry and antiques market that spanned both floors. Luminaire joins a number of furniture showrooms in the immediate area, including Poliform, Ligne Roset, and Niche Beverly.

Luminaire has three locations in Miami and one in Chicago. It was founded by Nasir and Nargis Kassamali in 1974 in North Miami Beach, and specializes in modernist and contemporary furniture.

Cushman & Wakefield’s Carine Mamann and Kazuko Morgan represented Beverly Hills-based Crown Equity in the deal.

Crown Equity, a real estate investment company, was founded by Michael Shabani.

West Hollywood is seeing a steady flow of development. The Arts Club, a swank British private institution, received its final approvals earlier this week to build a nine-story mixed-use building at 8920 Sunset Boulevard.


Related Articles

arrow_forward_ios
Granite CEO Michael Dardick and Industrious CEO Jamie Hodari

Industrious partners with landlords to offer tenants satellite workplaces

Industrious partners with landlords to offer tenants satellite workplaces
Colorado Campus at 2041-2115 Colorado Avenue and Northwestern Mutual CEO John E. Schlifske

Northwestern Mutual picks up Santa Monica office campus for $166M

Northwestern Mutual picks up Santa Monica office campus for $166M
Prop 15 property tax measure draws millions (Credit: iStock)

Prop 15 property tax measure draws millions of dollars from for and against campaigns

Prop 15 property tax measure draws millions of dollars from for and against campaigns
California is allowing barbershops and salons to reopen under new coronavirus mitigation guidelines (Credit: Noam Galai/Getty Images)

California allows barbershops to reopen, but LA holds back

California allows barbershops to reopen, but LA holds back
LA County assessor Jeffrey Prang

LA County properties valued at nearly $2 trillion…before pandemic

LA County properties valued at nearly $2 trillion…before pandemic
Frederik Eklund and a rendering of 8899 Beverly Boulevard (Getty, building courtesy of 8899 Beverly)

In tough market, West Hollywood condo developer plans $100M listing

In tough market, West Hollywood condo developer plans $100M listing
Clare Bronfman and 8517 Franklin Avenue (Patrick McMullan/Getty, Zillow)

Heiress and sex cult financier sues over West Hollywood swimming pool

Heiress and sex cult financier sues over West Hollywood swimming pool
Mayor Lindsey Horvath

West Hollywood extends eviction ban, with caveats

West Hollywood extends eviction ban, with caveats
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...