Middle Market Digest: This Week in Southwest
LOS ANGELES – Century West Partners is topping off its Next on Sixth apartment community currently under development in Los Angeles, California. The mixed-use community has already leased 22,000 square feet of retail space to Target. To be located in the ground level of the amenity-rich, upscale rental community, the new Target store is one of two smaller format stores that Target is opening in Los Angeles as part of the company’s retail expansion into urban markets. The store is slated to open in November 2017 and will serve both Next on Sixth residents as well as the surrounding community. The new 22,000-square-foot Target store is currently under construction at the new Next On Sixth community, which is located near the Wilshire/Vermont Metro subway station. The new format store is designed to meet the needs of urban dwellers such as the current and prospective tenants of both Next On Sixth and K2LA, who tend to be successful professionals.