Daily Archives: September 6, 2012

Fred Segal Sells Half of Its Santa Monica Compound

by Andrew Asch Since 1961, Fred Segal has pioneered high-end boutique retail in Southern California, but the retailer’s self-named Fred Segal Inc. is closing a chapter in its colorful history. In a low-profile deal, half of Fred Segal’s popular compound in Santa Monica, Calif., was sold for $41.2 million to DK Broadway LLC. DK Broadway…