Commercial real estate vacancies up slightly in 2012

The former World Savings Bank at 1055 Torrey Pines Road will be the location of a Starbucks and Chipotle restaurant, the latter to include outdoor patio seating in a space formerly used for drive-through banking. Pat Sherman
The former World Savings Bank at 1055 Torrey Pines Road will be the location of a Starbucks and Chipotle restaurant, the latter to include outdoor patio seating in a space formerly used for drive-through banking. Pat Sherman
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The former World Savings Bank at 1055 Torrey Pines Road will be the location of a Starbucks and Chipotle restaurant, the former to include outdoor patio seating in a space previously used for drive-through banking. Pat Sherman

NOTE:

An earlier version of this story said that a Starbucks coffee house at 1055 Torrey Pines Road would include a 1,099-square-foot outdoor patio where drive-up bank teller lanes were previously located. According to Lynda Pfeifer with the city's development services department, Starbucks withdrew the patio plans after the company learned that it would require both coastal and site development permits.

By Pat Sherman

Commercial real estate vacancies were up slightly during the past four months (at 6.15 percent), according to a report by the La Jolla branch of Colliers International real estate agency.

Girard Avenue

La Jolla Shoe Gallery

at 7852 Girard Ave. and clothing boutique

Studio 12-20

at 7856 Girard Ave. closed shop recently, adding approximately 2,5000 square feet of inventory to La Jolla’s commercial real estate market.

Go of La Jolla

clothing at 7931 Girard Ave. closed recently, with hopes of opening a North County location in the near future. In its place will be

White House Black Market

women’s clothing store, which is relocating to the 2,400-square-foot space from a couple doors down on Girard.

Rica Boutique

, another new clothing store, will open this month at 7456 Girard Ave., formerly the site of

Maudlin

furnishings (which is now at 7755 Fay Ave.).

Rica Boutique owner Erica Alexander, a graduate of The Bishop’s School, said the women’s clothing store will update inventory weekly to keep pace with evolving trends, offering clothing and accessories, from shoes to handbags. A grand opening is scheduled for May 19.

Still poised to open at 7441 Girard Ave. (though slightly delayed) is

Ariccia Italian Market

. Co-owner Robert Pascucci said finishing touches are being put on the restaurant and market “We should be open late May or early June if all goes well,” he said.

Posies and Ponies

at 7449 Girard also has closed, though the space was leased in a matter of hours to

Elizabeth Allen Atelier

gifts and home accessories, which moved from its prior location on La Jolla Boulevard late last month.

Though there was word that

La Jolla Music

may be shutting its doors after five decades in the Village, owner Janine Ryder said she is “waiting to see what happens” with an individual who could help the business remain open.

Prospect Street

On Prospect Street,

Aquamoree

restaurant and

Let’s Go

clothing store closed, while a 3,400-square foot space at 1205 Prospect that once housed Simic Gallery is undergoing a remodel in hopes of renting it, said a representative with Torrey Enterprises Property.

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Renovations are underway to the commercial space on Ivanhoe Avenue where a fire caused the closure of a Mr. Taco eatery and an adjacent Postal Plus business in February. There is no word yet whether the businesses will reopen. Pat Sherman

Luxury soap and bath store,

Presenting the Soap Opera

, will open its second store June 1 at 1025 Prospect St. (previously occupied by Let’s Go).

Ivanhoe Avenue

Mr. Taco

eatery and 

Postal Plus

on Ivanhoe Avenue closed due to a fire in February. Repairs to the spaces are still underway. The owner of the Postal Plus, who did not offer her name, said she is not sure when or if she will reopen. “It depends on the management company,” she said.

Herschel Avenue

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