Makeover complete at L.A. area center
A formerly troubled center in an affluent community south of Los Angeles has capped off an 18-month, $17 million renovation.
Just two years ago, The Vestar-owned Peninsula Center in Rolling Hills Estates was plagued by several vacancies and an image not in keeping with standards in the community, which has a median household income of $144,000.
Today Orchard Supply Hardware and Ulta Beauty occupy the made-over center, along with new dining options Chipotle and The Habit Burger Grill.
“We have to tailor our tenant mix to what’s going to be the most successful for the community we’re in,” Vestar executive VP Jeff Axtell told Daily Breeze, a local news site.
Click here for more.
Just two years ago, The Vestar-owned Peninsula Center in Rolling Hills Estates was plagued by several vacancies and an image not in keeping with standards in the community, which has a median household income of $144,000.
Today Orchard Supply Hardware and Ulta Beauty occupy the made-over center, along with new dining options Chipotle and The Habit Burger Grill.
“We have to tailor our tenant mix to what’s going to be the most successful for the community we’re in,” Vestar executive VP Jeff Axtell told Daily Breeze, a local news site.
Click here for more.