Finding its sweet spot: Sweetgreen moving HQ to West Adams

The Luzzatto Company is redeveloping the former Unified Grocers' dairy products building, slated to open in 2020

TRD LOS ANGELES /
May.May 23, 2019 01:00 PM
From left: Sweetgreen co-founders Jonathan Neman, Nicolas Jammet and Nathaniel Ru; and a rendering of 3101 Exposition Boulevard
From left: Sweetgreen co-founders Jonathan Neman, Nicolas Jammet and Nathaniel Ru; and a rendering of 3101 Exposition Boulevard

UPDATED, May 24, 12:28 p.m.: An industrial building in West Adams once used to produce dairy products is going green. Sweetgreen.

The popular salad chain will relocate its headquarters from Culver City to a former dairy plant that the Luzzatto Company is redeveloping, The Real Deal has learned.

With the new lease, Sweetgreen will occupy the entire 50,000-square-foot space at 3101 Exposition Boulevard. The fast casual restaurant chain is now based in Runyon Group’s Platform complex in Culver City since 2016, when it left its New York location.

A representative for Sweetgreen confirmed the lease. Rick Buckley at LA Realty Partners brokered the off-market deal. He declined to comment.

Luzzatto, a Fairfax-based investment and development firm, is transforming the building, once the home of Unified Grocers’ dairy products division. The project is expected to be completed by Spring 2020, at which point Sweetgreen will move in.

Luzzatto is in the process of buying the dairy building site from the Olson Company, a multifamily developer that specializes in affordable housing. In November 2017, Olson filed plans to develop 68 townhouse-style condos at the 1.5-acre site.

Olson is still going to build the townhomes on the parcels it holds, though the number of units may be slightly reduced to account for the dairy building sale, Luzzatto principal Asher Luzzatto said.

In its new location, Sweetgreen will work with SEE-LA, a nonprofit operator of farmers’ markets, to bring healthier food options to the region.

Sweetgreen has more than 90 locations across the country. In October, news circulated that the company was close to securing a $200 million investment that would value it above $1 billion. Sweetgreen confirmed the investment in November.

West Adams, a designated federal Opportunity Zone, is becoming a popular spot for office conversions, thanks in part to Luzzatto’s efforts in the area. The firm is building the “Expo Station” office building at 12414 Exposition Boulevard. The University of Southern California’s cancer research center will occupy the 80,000-square-foot building for a few years before purchasing it. Luzzatto is also working on another conversion project, designed by Michael Maltzan Architecture, at 3339 Exposition Place.

CorrectionA previous version of this story incorrectly stated Olson Company intends to sell the entire site to Luzzatto Company. 


Related Articles

arrow_forward_ios
Cypress CEO Michael Sorochinsky and 1216-1224 Menlo Avenue (Google Maps)

Cypress Equity plans 128-unit affordable complex in Pico-Union

Cypress Equity plans 128-unit affordable complex in Pico-Union
ELK Development founder Evan Kasper and the development site at 730 S. Vermont Avenue (Google Maps)

ELK Development-tied entity plans 80-unit apartment complex in Koreatown

ELK Development-tied entity plans 80-unit apartment complex in Koreatown
Sean Beddoe and 5600 Hollywood Boulevard (Credit: Google Maps)

Bow West wants to build 200-unit tower in Hollywood

Bow West wants to build 200-unit tower in Hollywood
First District Supervisor Hilda Solis (Credit: Rebecca Sapp/Getty Images)

LA County select reopening target date for restaurants and retailers

LA County select reopening target date for restaurants and retailers
Eric Garcetti orders a moratorium on LA commercial evictions (Photo credit: iStock photo)

Garcetti orders a moratorium on commercial evictions in LA

Garcetti orders a moratorium on commercial evictions in LA
Ben Miller, Fundrise CEO, wants to change this car clinic into an apartment building (Credit: Google Maps)

Fundrise proposes South LA apartments in the land of OZ

Fundrise proposes South LA apartments in the land of OZ
LA promo

Coming Soon: The Real Deal Los Angeles’ Winter 2020 issue!

Coming Soon: The Real Deal Los Angeles’ Winter 2020 issue!
Larry Bond made use of federal opportunity zone program

Opportunity Zones program finally kicks off in Los Angeles

Opportunity Zones program finally kicks off in Los Angeles
arrow_forward_ios

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

Loading...