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Story summary
- The Misfit Bar and Restaurant in Downtown Santa Monica will close this weekend after 15 years.
- Owner LGO Hospitality cited frustrations with property management and declining foot traffic as reasons for not renewing the lease.
- The closure reflects a broader trend of rising retail vacancies, with local estimates near 50%.
- Derrick Townsend, a city council candidate, noted the growing number of restaurant closures in Santa Monica this year.
