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Article: SEE'S CANDY SHOP TO QUIT BUSINESS AT ENCINO OAKS.(BUSINESS)
- Article from:
- Daily News (Los Angeles, CA)
- Article date:
- April 15, 1998
CopyrightCOPYRIGHT 1998 Daily News. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: Enrique Rivero Daily News Staff Writer
Just call it a sweet deal gone sour.
After 23 years in the Encino Oaks Shopping Center, the See's candy shop will close its doors for good Saturday because of a rent dispute with the center's new owner, Stomad Partners L.P., based in Bala Cynwyd, Pa.
While See's officials say the new rent is too high, the landlords, who took over the center in January, say they are simply asking for the prevailing market rate for the space at 17340 Ventura Blvd.
``Our lease is over, and the landlord doesn't want to renew us,'' said Mary Diamond, director of real estate for South San Francisco-based See's ...