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Friday, September 30, 2016

Storefront Report: Will visions of Melrose fill these Silver Lake shops?

The stretch of Sunset Boulevard in Silver Lake near Benton Way looks like nothing like the retail hot spot that is Melrose Avenue. The most notable landmark is the happy foot/sad foot sign that rotates at the corner. But leasing agent Todd Nathanson has high hopes for the Sunset Boulevard as it courses through Silver Lake. “I think it’s on track to be the next Melrose,” said Nathanson. Of course, Nathanson is a bit biased since he’s trying to lease space in a 1924 building that has been remodeled into six store fronts of glass, chrome and white stucco. The spaces went up for lease about two months ago after a long-delayed renovation of the Sunset Boulevard building next to the longtime Mae Ploy Thai restaurant. Each 900-square-foot space (plus additional storage) is being rented out for $2,650 a month, with the first tenant, a hydroponic store, expected to open up within a month. Who else is looking at the remaining five spaces? Nathanson said the prospective tenants have included people in the frozen yogurt, eyewear, apparel and shoe business. “The demand has been pretty high.”



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