Smart & Final To Open Downtown L.A. Grocery Store
May 14, 2012 | 1 min to read
DOWNTOWN LOS ANGELES – Smart & Final, a Commerce-based grocery chain specializing in bulk food items at low prices, has inked a 20-year deal to occupy a space at 845 S. Figueroa St.
The company plans to open its Smart & Final Extra concept, a larger version of its traditional store that includes fresh foods, in a 25,000-square-foot space. The store will be on the ground floor of a South Park office building now undergoing a $20 million renovation.
The deal was finalized on Wednesday, said Gilad Lumer, a partner with property owner L&R Group, which has been working on the deal for more than a year.
Traditional Smart & Final stores measure about 17,000 square feet. Smart & Final Extras stock more perishables, including fresh meat, produce, dairy and deli items, in addition to low-cost packaged edibles, bulk food service provisions and janitorial supplies.
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