Santa Monica
Owner-Users and Conversions Pull 1.48MM SQFT From LA’s Office Market, Nudging Vacancy Down Despite Losses
Los Angeles office vacancy slipped to 25.3 percent in the third quarter not because tenants took more space but because CBRE removed 1.48...
20,000 SQFT Retail Beneath Santa Monica’s Waverly and Seychelle Condos Hits Market at $17MM, 70% Above 2021 Sale
The leasehold on two retail condominiums beneath Related California's Waverly and Seychelle towers on Ocean Avenue is back on the market at $17...
Big Renewals Push Los Angeles Office Leasing to Highest Level Since 2019
Los Angeles office tenants signed 4.0 million square feet of leases in the third quarter of 2026, the most since 2019, as major...
Goldman Sachs Buys $280MM Senior Loan on Slatkins’ 327-Key Santa Monica Beach Hotels, Consolidating $400MM Debt Stack
Goldman Sachs has bought the $280 million senior mortgage on Shutters on the Beach and Hotel Casa del Mar out of special servicing,...
Land Under 99,000 SQFT Santa Monica Office Building at 1733 Ocean Avenue Relisted at $34.6MM, 47% Below 2019 Sale
The land under a four-story, 98,841-square-foot office building one block from the Pacific in Santa Monica is back on the market at a...
Four Affordable Housing Developers Vie for Santa Monica’s City-Owned Bergamot Station Site
Santa Monica has moved into price-and-terms talks with four affordable housing developers competing to ground lease the 5.6-acre Bergamot Station Arts Center, a...
Santa Monica Pours $56MM Into Big Blue Bus Depot, Wiring 130 Fast Chargers for a 195-Bus Electric Fleet
Santa Monica has broken ground on a $56 million retrofit of its Big Blue Bus campus, installing 130 DC fast-charging ports and a...
Santa Monica Bets $3MM and Chain-Friendly Zoning on Reviving a 30% Vacant Third Street Promenade
Santa Monica is pouring public money, rewriting zoning and throwing monthly street parties in a high-stakes push to refill a Third Street Promenade...
Mill Creek Residential Unveils Revised Design for 353-Unit Modera Santa Monica at 1633 26th Street
New renderings presented to Santa Monica's Architectural Review Board show a contemporary eight-story building organized around two courtyards on a Kilroy Realty-owned site...
Universal Music Signs 51,000 SQFT at Kilroy’s Santa Monica Media Center as Southern California Demand Rebuilds
Kilroy Realty pointed to a Universal Music Group lease that filled its Santa Monica Media Center and to firming demand from Beverly Hills...
Savills Completes $1.11B Acquisition of Santa Monica-Based Eastdil Secured
Savills Plc has closed its roughly $1.11 billion acquisition of Eastdil Secured, the Santa Monica-headquartered capital markets bank, keeping one of the combined...
MDNI Group Acquires 28-Unit Ocean Avenue Multifamily Property in Santa Monica for $23.46MM
A private local buyer has landed a rare bluff-top apartment building on one of Santa Monica's most tightly held corridors, closing an all-cash...
