Santa Monica-Based Contemporary Women’s Fashion Retailer Will Open Its Second Location in West Malibu
MALIBU, CA – RKF, the country’s leading independent real estate firm specializing in retail leasing, investment sales and consulting services, announced that it has arranged a 1,406-square-foot lease with contemporary women’s fashion and swimwear retailer hip’tique at Trancas Country Market in West Malibu. This will be the retailer’s second location in Los Angeles.
RKF Vice Chairman Robert Cohen, Executive Vice President Rachel Rosenberg and Associates Samantha Federman and Greer Colton represented the landlord, Zuma Beach Properties, LLC, in the transaction. The firm was retained as the exclusive leasing agent for the property, which includes 19,558 square feet of retail space on one level.
Founded in 2011 by owner Christine Berardi, hip’tique offers a well-curated collection of contemporary women’s fashion and swimwear in a casual-upscale beach setting on Santa Monica’s Main Street. The new store’s anticipated opening date is Spring 2017.
“Trancas provided the perfect opportunity to expand to a retail center that focuses on small businesses and caters to local area shoppers,” said Berardi. “While there were other high-profile spaces we looked at, it was a priority to find a location where we could establish our brand and become a part of the neighborhood.”
Situated in the exclusive Broad Beach neighborhood on the north side of the Pacific Coast Highway at Trancas Canyon Road, Trancas serves as the local market and town center for West Malibu residents; current tenants include anchor Vintage Grocers, Starbucks, Wells Fargo, Irit Design, Malibu Beach House, SeaLily and Le Village Café. Trancas borders the north end of Zuma Beach, a popular Los Angeles County public beach renowned for its excellent surf conditions. The neighborhoods are surrounded by some of Southern California’s most pristine and beautiful natural landmarks, such as the Santa Monica Mountains, Trancas Creek and Wetlands and the Kanan Dume slopes. Nearby horseback riding and hiking trails are popular with local residents and visitors.
“We are curating a mix of specialty retail offerings at Trancas that provide unique products and services, and cater to the local Malibu shopper,” said Cohen. “We are confident that hip’tique will be a perfect addition to the project.”
The leading independent real estate firm in North America specializing in retail leasing, investment sales and consulting services, RKF serves a broad spectrum of domestic and global clients in services ranging from national tenant and owner representation to advisory, consulting and dispositions. With approximately $20 billion in aggregate real estate transactions to its credit, RKF has been responsible for identifying scores of real estate opportunities throughout the United States for leading American and international chains, retailers, developers and institutional clients. RKF is headquartered in New York with offices in Chicago, Las Vegas, Los Angeles, Miami, Northern New Jersey, San Francisco and Toronto. RKF operates in Canada as RKF Group Canada Realty, a retail brokerage.
RKF is located at 233 Wilshire Boulevard, Suite 310, Santa Monica, CA 90401