REDONDO BEACH, CA- The iconic Dive n’ Surf shop, which has been a South Bay fixture since 1953, has received a $3-million refinancing that will allow it to build a new corporate headquarters here.

The inventors of Body Glove, the original wetsuit manufacturer, the Dive n’ Surf has been a landmark in the Southern California beach culture. Farmers & Merchants Bank will provide the funding for the store renovation, which includes a new corporate headquarters on the building’s second floor and a renovated retail space on the ground floor.

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