April 13, 2010

Landlords Strike Again! Casket Store Moving

Median Living IIIN WHAT SEEMS to be a post-recession pattern, another Atwater Village retailer is relocating to avoid higher rent.

Last month the Violet Willow boutique left its space at 3127 Glendale Blvd., and the space was subsequently offered at $1,450, about $2.07 per square foot, per month.

Now, California Casket Company has wheeled its coffins a block away, from 3153 Glendale Blvd. to 3229 Glendale Blvd., to avoid an alleged rent hike to $4,500 a month.

Are retail landlords seeing signs of recovery that lead them to believe richer tenants are just around the corner? They may be right: Alias Books is a big get. But they may not: The old Violet Willow space has been discounted, and is now listed for $50 less per month.

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