Hollywood, CA – June 2019, Centers Business Management (CBM) completed a new leasing transaction with an Asian Restaurant in Hollywood on famed Sunset Boulevard adjacent to KTLA Studios
CBM leasing agent, Matt Saker, recently completed a lease transaction, representing the landlord and tenant, It’s Pho, a Vietnamese + Thai restaurant. An independent, Hollywood-based restaurant, It’s Pho will occupy a 2,000 SQFT street retail unit fronting directly onto Sunset Boulevard, just east of the intersection of Sunset Boulevard and Bronson Avenue in prime Hollywood. The property is situated a half-block east of KTLA Studios, Home of LA’s independent Channel 5 television station. And directly across from the currently under construction “Epic” development. A 13-story, 275,000 SQFT high rise office tower, the Epic property has already been completely pre-leased to Netflix.
It’s Pho is a popular, well-reviewed Asian restaurant, specializing in Pho soup, in addition to serving traditional Vietnamese + Thai dishes. The restaurant currently operates another location on Cahuenga, near Franklin, also in Hollywood.
“Development is EXPLODING in Hollywood. The 13-story Epic development, which is right across the street from It’s Pho, is a prime example,” says CBM leasing agent, Matt Saker. But despite Hollywood’s vertical expansion, there’s still a need for service businesses and restaurants, a fact that’s creating strong demand for shop space in the area. “Smaller retail units (like the space It’s Pho will occupy) are generating tons of interest,” notes Saker, adding “and commanding very competitive rents!”
For more information about CBM and their retail leasing and property management services, please contact: Rick Rivera 310.575.1517 x201 | firstname.lastname@example.org.