CBRE Arranges Leases for Casual Dining Restaurants in Los Angeles’ Urban Core

CBRE has arranged over 10,650 square feet of leases to several casual dining concepts at the “New Normal” retail collection located at 850 - 864 N. Vermont Ave. in East Los Angeles.

CBRE’s Erik Krasney and Zachary Card represented the developer and owner, LS Urban, in the lease negotiations.

Among the new tenants are Panda Express, Panera Bread, Dunkin Donuts and WingStop. Additional tenants include Ready Fit Go, a health-forward prepared-meal provider and Bridgetown Roti, the first Los Angeles brick-and-mortar location for James Beard Award-nominated Chef, Rashida Jones.

“Our conversations with the nearby Los Angeles City College and the greater community all called for quick, reliable and affordable dining options,” said Mr. Krasney. “This tastefully renovated redevelopment will fill a significant need in this previously underserved area.”

“New Normal” is named for its location at the intersection of Vermont Ave. and Normal Ave. in the Virgil Village neighborhood of East Los Angeles. The recently renovated collection features eight individual retail spaces totaling over 12,500 square feet. Adjacent to the Metro Red Line and within proximity to major medical employment hubs and Los Angeles City College, the “New Normal” represents a renewed focus on infill locations in L.A.’s urban core.

“It was important for us to understand the community and bring affordable dining options that local residents as well as hospital workers, students and commuters want,” said Mr. Card. “We were able to attract both corporate and independent retail tenants that are well positioned to serve the area’s diverse population.”