After opening their first store in Brentwood in 1963, locally-based chain Coffee Bean & Tea Leaf cut the ribbon on their 1,000th location last week—in the heart of Miracle Mile, and right next to their posh new headquarters.
Long based in an unremarkable building on La Cienega Boulevard, Coffee Bean recently moved their corporate offices into the former Wilshire Boulevard digs of OWN. The new store is located right next to the new office space.
Mayor Garcetti showed up to Thursday’s ribbon-cutting, reports the L.A. Business Journal. The president of the Los Angeles Area Chamber of Commerce, Gary Toebben, accurately pointed out that, “Most companies don’t make it 52 years.”
Coffee Bean now serves their Ice Blendeds and Oolong teas in five continents and employs over 12,000 people.
The Coffee Bean & Tea Leaf, 5700 Wilshire Boulevard