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Apple reportedly eying new flagship store location at LA's Broadway Trade Center


ifoAppleStore, which traditionally has a pretty solid track record when it comes to monitoring Apple's retail initiatives, reports that Apple might have its eye on a gargantuan new retail space for a flagship store in the Los Angeles area. The space in question is the Broadway Trade Center, a building which dates back to 1908.

Even with 22 stores in the greater Los Angeles area, Apple's retail team has been on the search for the perfect flagship store location for years, and now they may have found it. Incredibly, a tipster says the company has signed a lease for "several hundred thousand square-feet" of space inside the historic Broadway Trade Center in the city's downtown, which lately has been blooming with redevelopments. The Downtown Examiner Web site says the leased space will constitute an Apple "campus" with offices, residential space and retail areas for both Apple and the newly-acquired Beats brand.

Adding more credence to the report, an August post on the La.Curbed website relayed that the owners of the property were intent on preparing "a creative campus, which will be ready in about 24 months for a major tech tenant to move in."

As far as tech tenants go, it doesn't get more major than Apple.

During Apple's most recent earnings conference call, the company said it has plans to open up 25 new stores in 2015, with 18-19 of them slated to open outside the U.S.