Monday, January 12, 2009
More Details about Pomona's Old Firehouse
I spoke to Kevin Lockoff (sp?) from Coldwell Banker today. They are the leasing agent for the Old Firehouse building at 98 E. Alvarado. Kevin did not know a whole lot about the property, but he did answer a few questions. He said that the space is suitable for a restaurant and is 5100 square feet. He said that the rent should be $1.50 a square foot "triple net," which he explained to be the property tax, insurance and maintenance charges. I'm not sure what that means in terms of rent.
John Clifford is partly correct below when he posted that the owner of the old Firehouse Restaurant property is the same as the owner of the abandoned Stater Bros. on lower Garey. According to Kevin, a partnership owns both properties, but the partnerships are slightly different, but contain some of the same individuals. He believes they are based in Los Angeles. He believes the partnership that owns the property on Alvarado is called The Old Firehouse L.L.C.
Kevin describes the owners as "very motivated." He thinks the reason for the push to lease it now has to do with a recent change in the make-up of the partnership.
I asked him about the rumored asbestos work that would be required to bring it up to code, and he commented that it was "an interesting question," but he had no specifics.
If anyone else knows more, please feel free to post.
Today's little bird talking to the goddess is by Emily Balivet.
Posted by me at 7:59 PM