With the store facing an uncertain future, investors bought the building that houses it
By John Wilkens, May 2, 2021 5:55 AM PT
Warwick’s calls itself the oldest bookstore in America continuously owned and operated by the same family.
This is its 125th year in business, the last 70 of them in a building on Girard Avenue in La Jolla.
A couple of months ago, fourth-generation owner Nancy Warwick got unexpected news that made her wonder how much longer the store would be in existence.
Her longtime landlord had received an unsolicited, $8.3 million bid — all cash — to buy the building.
The landlord had accepted. Warwick, who had been negotiating a new lease, was given 15 days to beat the offer or face an uncertain future with a new landlord.