In an unprecedented and game changing move, Urban Outfitter (NASDAQ:URBN) is more than doubling its Westwood Village presence through the signing of its lease with Topa Management Company for 16,556 square feet on Westwood Boulevard.
According to Chris Kuklinski, “We are seeing increasing interest in Westwood from better retail and restaurant concepts. The incredible success of 800 Degrees Neapolitan Pizzeria, who recently expanded into additional space within Topa’s portfolio, is one outstanding example of this transformational shift.
Retailers are taking note of the consistent traffic flowing through the Village that includes high-income local residents, white-collar office workers in the 4.5 million square feet of Class A office space and the average daily population of approximately 75,000 students, staff and visitors at UCLA’s campus and Medical Center.
Read the full announcement here…
