The record store’s lease will end next spring, and the landlord sees the property as prime real estate. In an era where independent music outlets are becoming less profitable, the owners of the building figure the time is right for a change. But “The Beat” isn’t going down without a fight. From today’s Biz Journal:
Robert Fauble, owner of The Beat, said his lease expires next spring. He has talked to the landlord about staying and extending the lease, but acknowledged the owner is exploring other options, too.
“Our first preference is to stay here,” he said. “If that doesn’t work, we’ll probably go back to East Sacramento or somewhere else in midtown … We are going to do all we can to stay here,” he said.
There are few Sacramento original’s left with the iconic status that “The Beat” enjoys, and I sure hope we don’t lose them just so a T.G.I. Friday’s or Fuddruckers can swoop in.