LOS ANGELES – Confirming strong demand for well-located restaurant and retail space, JLL announced today that it has signed Namoo Korean BBQ to a new lease for 4,882-square-feet of space at Marina Marketplace, a 205,000-square-foot retail center located at 13450 Maxella Avenue in Marina del Rey
California. Coming off the heels of a recent Panini Kabob Grill deal at the project, Namoo Korean BBQ aims to offer a unique and immersive dining experience to the market and is scheduled to open in the second quarter of this year.
Marina Marketplace is anchored by Gelson’s, Equinox, ULTA and AMC Dine-In Movie Theater with strong dining options including Ruth’s Chris Steakhouse, Yardhouse, and Tendergreens.
“The founder of Namoo saw the potential for an upscale Korean barbeque destination in the Westside submarket of Marina del Rey,” said Ian Jost, JLL Associate. “Marina Marketplace was the ideal location for Namoo Korean BBQ to establish its brand, especially given this area’s continued growth.”
JLL’s Ian Jost, Scott Burns and Shauna Mattis represented the landlord DWS in the lease. Namoo Korean BBQ was represented by Aditya Ramnath of Matthews Real Estate Investment Services.
Jost went on to say, “In addition to Namoo’s quality menu offerings, their concentrated effort to design a unique environment/atmosphere will allow them to create a competitive edge. Restaurants that have the ability to evoke a feeling and emotion with their customer base through a special dining experience are able to build loyalty with their visitors and solidify themselves as a destination in the market.”
About JLL
For over 200 years, JLL (NYSE: JLL), a leading global commercial real estate and investment management company, has helped clients buy, build, occupy, manage and invest in a variety of commercial, industrial, hotel, residential and retail properties. A Fortune 500® company with annual revenue of $20.8 billion and operations in over 80 countries around the world, our more than 106,000 employees bring the power of a global platform combined with local expertise. Driven by our purpose to shape the future of real estate for a better world, we help our clients, people and communities SEE A BRIGHTER WAYSM. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated.
