CULVER CITY, CA-At a time when many furniture retailers are closing stores or going out of business, Minneapolis-based Room & Board has leased 40,000 sf of retail space for a new store at the Plaza at Culver Studios at 9300 Culver Blvd., according to brokers from Grubb & Ellis and Lee & Associates who were involved in the deal. The location will be the company’s entry into the Los Angeles marketplace.

Room & Board is the first retail tenant to sign onto this mixed-use project, which is being developed by Rush Pacifica, a San Diego-based company. The home furnishing retailer, which will occupy 17,000 sf on the ground floor and 23,000 sf on the second floor of the project, is slated to open in early 2010. Myron Sokolsky of the West Los Angeles office of Grubb & Ellis represented Room & Board, with the property owner represented by Christine Deschaine, a principal with Lee & Associates-LA North/Ventura.

According to Sokolsky, Room & Board is looking for locations such as Plaza at Culver Studios that are unique. Sokolsky and Serge Vishmid, also with Grubb & Ellis in West Los Angeles, office, are working with Room & Board to identify locations for new stores in a handful of key markets across the US, including Washington, DC, Boston, Philadelphia, Seattle, Portland, Austin, Miami, Ann Arbor and Atlanta.

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