August 4, 2001 |
In a sizable economic boost for the downtown area, Los Angeles will become one of the leading U.S. centers of the gift industry with the signing of a lease for 1 million square feet of showroom space in the garment district, it was disclosed Friday. The new tenants will fill the unoccupied portion of the 3-million-square-foot California Mart at 9th and Los Angeles streets, Mart officials said.
September 13, 2000 |
Q I am interested in opening a men's retail store next June. I am having difficulty finding wholesalers for brand-name clothing. Is there any information that you can provide to assist me in my search for wholesalers in the Los Angeles area? --Sal Ruiz, Los Angeles * A You need to get plugged into the extensive Southern California network of apparel manufacturers, marketing companies and retailers that congregate around CaliforniaMart (http://www.californiamart.com), at 110 East 9th St.
July 27, 2000 |
Owners of the L.A. Mart in downtown Los Angeles have agreed to sell the 860,000-square-foot gift and furniture wholesaler mart to Saddle Brook, N.J.-based Vornado Realty Trust, one of the market's owners confirmed Wednesday.
May 11, 2000 |
The owners of the California Mart, the center of Southern California's apparel and fashion business, have agreed to sell the downtown Los Angeles showroom and office complex to Hertz Investment Group for about $90 million, according to people familiar with the deal. The Los Angeles-based real estate investment firm is in escrow to buy the 2-million-square-foot California Mart from Equitable Life Assurance Co.
January 15, 2000 |
The hub of Southern California's apparel industry--the massive California Mart in downtown Los Angeles--has been put up for sale and is expected to draw bids of more than $100 million, according to people familiar with property. Equitable Life Assurance Co., which took control of the property in 1994 in a foreclosure, is selling the complex as part of an ongoing effort to reduce its real estate portfolio. Officials who handle the giant insurance company's portfolio said they had no comment.
January 15, 1999 |
Summer's heat may be five months away, but starting today the temps will fashionably sizzle at the California Mart, the world's largest fashion-industry hub. And the buzz is all about femme fun. Think pink. Slip into gauze. Girlfriend, revisit the '50s. Buyers from across the country--and around the world--will invade CalMart to shop the latest trends for the coming summer season of sand and surf.