Santa Monica
Macerich’s 2025 Annual Report Signals a Bifurcated Retail Market as REIT Reshapes West Coast Portfolio
The Santa Monica-based mall operator’s 10-K highlights record leasing, healthy retailer demand and the widening gap between fortress centers and lower-tier malls The...
Macerich Bets $140MM NOI Lift on Anchor Overhaul and Gen Z-Driven Merchandising Strategy
The Santa Monica-based mall REIT is executing a two-year repositioning that has pushed leasing volume up 85 percent and committed replacements for all...
Raven Capital Signs 12,000 SQFT Lease in Santa Monica to Meet Growing Capacity Needs
JLL represents Raven Capital in lease LOS ANGELES April 17, 2026 – JLL announced today that Raven Capital, an alternative investment firm specializing in...
Douglas Emmett JV Buys Welltower’s Beverly Hills Bedford Collection for $260MM
The 246,000-SQFT medical office portfolio trade hands at roughly $1,057 per square foot, lifting the REIT’s Golden Triangle footprint to 2.4 million square...
Red Car Brings to Market 4,900 SQFT Wells Fargo Property in Santa Monica for $9.275MM
Single-tenant retail asset at 170 Pier Avenue offers a 4.75% cap rate with long-term tenancy and redevelopment potential A small but strategically positioned...
Santa Monica Approves $3MM Revitalization Plan for Third Street Promenade
The initiative includes zoning changes to ease restaurant openings, the elimination of a $1,000-per-seat wastewater fee, and the expansion of the city’s entertainment...
Angel City Football Club Renews 14,361 SQFT Office Lease at Media Park Santa Monica
Los Angeles, Calif. – Global Commercial Real Estate Advisor, Avison Young, announced today the 14,361-square-foot (sf) office lease renewal at 3211 Olympic Boulevard...
Los Angeles Office Market Posts 3.5MM SQFT in Q1 2026 Leasing as Sublease Supply Drops 33% from Peak
Savills reports four consecutive quarters of rising asking rents and six straight quarters of declining sublease availability across the LA basin, though elevated...
Goodwin Trades Downtown LA High-Rise for 29,000 SQFT Arts District Office at At Mateo
The global law firm’s move to the low-rise creative campus signals the legal sector’s growing embrace of non-traditional office environments in Los Angeles....
Court-Appointed Receiver Lists 28-Unit Ocean Avenue Apartment Building in Santa Monica for $27.5MM
CBRE markets the luxury property on behalf of receiver Douglas Wilson after Nano Banc’s $27MM loan on the Coastline 901 LLC-owned building fell...
XYZ Affiliate Acquires 28,480 SQFT Former Gap Flagship at 1355 3rd Street Promenade for $16.75MM in Santa Monica
The purchase adds to XYZ’s expanding footprint along the Third Street Promenade corridor, where the tech-turned-real-estate firm has amassed roughly 368,000 square feet...
Cypress Equity Investments Plans 186-Unit Mixed-Use Complex Along Pico Boulevard in Santa Monica
The four-and-five-story development will deliver deed-restricted affordable housing and 11,000 square feet of ground-floor retail on a long-vacant site A 186-unit mixed-use residential...
