Matthews™ Secures Lease with Hank’s Organic at Access Culver City

LOS ANGELES, CA — Matthews™, a commercial real estate investment services and technology firm, is proud to announce the successful lease of a 19,020-square-foot flagship grocer and retail space located at 8770 Washington Blvd, Culver City, CA, to Hank’s Organic, a family-owned organic grocery store and eatery. Matthews™ Senior Vice President and National Director of Leasing Michael Pakravan represented ownership, Greystar, while Elan Kermani of City Street Advisors represented the tenant.

 

 

Situated at the hard corner of Washington Blvd and National Ave, the tenant will occupy the ground floor of Access Culver City, a premier mixed-use development featuring 115 luxury apartment units and ground-floor retail including Orangetheory Fitness, BMO, and Hot 8 Yoga. The Orangetheory Fitness studio ranks as the #1 performing location in Los Angeles County, boasting more than 1,500 members, further enhancing the project’s daily foot traffic and consumer synergy. The space offers a turnkey, fully equipped grocery environment with existing FF&E and dedicated on-site parking, a rare amenity in Culver City’s dense urban core and a perfect platform for a new grocer to expand into West Los Angeles.

 

 

“Hank’s Organic was the ideal tenant for this location. Their commitment to providing fresh, affordable, and high-quality organic food makes them a perfect fit for the Culver City community,” said Michael Pakravan. “By leveraging Matthews’ robust retail database, targeted marketing strategies, and relationships across the tenant rep community, we were able to secure an operator that aligns with both the property’s infrastructure and the surrounding demographic demand.”

 

 

Hank’s Organic operates under the same ownership umbrella as Hank’s Farmers Market, with existing locations in Los Angeles’ Arts District, Malibu, San Diego, and Jurupa Valley. Known for its neighborhood-driven approach, each location features a curated selection of organic groceries, a juice and coffee bar, a hot and cold deli counter, and a full-service meat department offering grass-fed meats and organic poultry. This transaction also included the transfer of a liquor license, further enhancing the site’s functionality as a full-service neighborhood grocer.

 

For more information or to contact a Matthews™ specialized agent, please visit www.matthews.com.

 

ABOUT MATTHEWS™

Matthews™, a commercial real estate investment services and technology firm, holds recognition as an industry leader in investment sales, leasing, and debt and structured finance. Based out of Nashville, TN, and strategically positioned with over 1,000 agents and support staff in 30+ offices across the United States, Matthews™ continues to focus on expansion into new markets. For more information, please visit www.matthews.com.