Happy ending for Warwick’s bookstore as local investors step in to save the day – The San Diego Union-Tribune

With the store facing an uncertain future, investors bought the building that houses it

By John Wilkens, May 2, 2021 5:55 AM PT

From left, Steve Avoyer, Nancy Warwick, and Jack McGrory at Warwick’s bookstore.
(Eduardo Contreras/The San Diego Union-Tribune)

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.

Source: Happy ending for Warwick’s bookstore as local investors step in to save the day – The San Diego Union-Tribune

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