PROMOTE YOUR BUSINESS HERE! Yes, in this very spot! Call for details (310)
458-7737
FRIDAY, AUGUST 2, 2013
Volume 12 Issue 227
Santa Monica Daily Press
HOBBY TO BUSINESS SEE PAGE 3
We have you covered
THE DELICIOUS RESEARCH ISSUE
Doughnut shop caught in cronut controversy
Atlanta company buys Lantana complex for $310M BY AMEERA BUTT Daily Press Staff Writer
nodes and liver of animals. The chemical comes chiefly from industrial pollution. It’s used for production of stainless steel, textile dyes, wood preservation, leather tanning and as an anti-corrosive. It also occurs naturally. Results of state water quality testing conducted between 2000 and 2011 throughout
OLYMPIC BLVD An Atlanta-based real estate investment and management company has bought the Lantana office complex in Santa Monica, the company announced Thursday. It was reportedly sold for more than $310 million, the L.A. Times reported. Lantana, located on West Olympic and Exposition boulevards, is the first acquisition in Southern California for Jamestown, which bought four buildings, totaling 484,840 square feet of office space. The buildings include high profile tenants including IMAX; Todd-AO, which provides creative post production sound services to producers of film and television; BeachBody LLC., makers of the intense workout regime P90X; and Dick Clark Productions. Eastdil Secured, a real estate investment banking company, along with Jim Jacobsen and Scott Rigsby of Industry Partners represented Lantana’s seller, Lionstone Group, in the transaction. Some of the plans for improvements at Lantana include enhancing and revamping production facilities, adding new amenities that may include offering continuing education classes, more dining options, showers for bike riders and dog runs, a spokesperson for Jamestown said Thursday in an e-mail. The company said Lantana presents exceptional in-place cash flow, and its quality, location, and flexibility have achieved impressive occupancy and above average rental rates. Some companies have reportedly paid as much as $6 per square foot for prime office space in Downtown, a result of Santa Monica’s desirable location, investment in infrastructure and its collection of restaurants and other amenities. In recent times, its reputation as being a home to tech and other media startups has made it an attractive draw, earning it the title “Silicon Beach.” “The innovation economy is driving demand for work spaces that offer a vibrant mix of amenities, metropolitan ambiance and collaborative, flexible environments,” said Michael Phillips, chief operating officer of Jamestown, in a press release. “Jamestown is
SEE WATER PAGE 11
SEE LANTANA PAGE 11
NY bakery threatens lawsuit over trademark BY AMEERA BUTT Daily Press Staff Writer
SANTA MONICA BLVD A local doughnut shop is in a sticky situation after a New York bakery threatened to sue over a doughnut-croissant hybrid that’s taken the nation by storm. The Cook Law Group, on behalf of its client, the New York Dominique Ansel Bakery, sent DK’s Donuts and Bakery a cease and desist letter last week to stop using the name “Kronut,” referring to the pastries it was selling. The Dominique Ansel Bakery, which first introduced the nation to a “cronut,” trademarked the term in May. The letter, which called DK’s Kronut “undeniably similar,” said the use infringes on the Manhattan bakery’s intellectual property rights and is likely to confuse customers about the actual product. “We assert that the D.A. Bakery has the exclusive right to use this trademark and that your use of the confusingly similar word ‘Kronut’ infringes on that exclusive right under the law,” the letter states. Candice S. Cook, the attorney representDaniel Archuleta daniela@smdp.com
SEE CRONUT PAGE 8
SERVICE: Mayly Tao of DK's Donuts prepares a box of DK's Double-Decker-O-Nuts on Thursday.
Judge orders state to set new drinking water standards ASSOCIATED PRESS FRESNO, Calif. A judge has ordered state health officials to establish a safe drinking water standard for the cancer-causing chemical made famous in the film “Erin Brockovich.” The state Department of Public Health was directed to propose the standard for hexavalent chromium by the end of August. After a public comment period, the
PROMOTE YOUR BUSINESS HERE! Yes, in this very spot! Call for details (310) 458-7737
Alameda County judge will set the deadline for the agency to adopt a standard. The ruling on July 18 came nearly a year after environmental groups filed a lawsuit claiming the state was eight years late in setting the standard. Studies show that hexavalent chromium, also known as chromium-6, can cause cancer in people and has been found to cause damage to the gastrointestinal tract, lymph
Gary Limjap (310) 586-0339 In today’s real estate climate ...
Experience counts! garylimjap@gmail.com www.garylimjap.com
BACK OR UNFILED
TAXES? ALL FORMS • ALL TYPES • ALL STATES SAMUEL B. MOSES, CPA
(310) 395-9922 100 Wilshire Blvd., Suite 1800Santa Monica 90401