Santa Monica
Miramar Capital Acquires 24,000 SQFT Lab Facility in San Diego’s Sorrento Mesa Submarket for $15.9MM
San Diego, CA – September 2, 2021 – Drawbridge Realty has completed the sale of 6650 Nancy Ridge, a 24,200 square foot lab building...
Charing Cross Partners Acquires 77,810 SQFT Office Building in Pasadena for $43.1MM
(EDITOR’S NOTE: According to two sources familiar with the transaction, the property sold for $43.1 million, or approximately $553 per square foot.) Pasadena,...
52,000 SQFT Office Building in El Segundo Sells for $52MM
By Catherine Sweeney A 52,000 square-foot creative office and data center in El Segundo has sold for $52 million, or approximately $1,000 per...
Report: Southern California Office Markets Continue to See High Vacancy Rates
By Catherine Sweeney Office vacancy rates are continuing to increase across all major markets in Southern California, a recent report from Newmark showed....
Santa Monica Biotech Office Building Sale for $9.25 Million
Los Angeles, Calif. – A biotechnology office building situated in a prime Santa Monica location has sold to a private investor for $9.25...
Unilev Capital Acquires 19,708 SQFT Retail Property in Santa Monica for $10MM
(EDITOR’S NOTE: According to a source familiar with the transaction, the property sold for $10 million, or approximately $507 per square foot.) LOS...
Boston Properties Signs 351,000 SQFT Lease at Colorado Center in Santa Monica
BOSTON — Boston Properties, Inc. (NYSE: BXP), the largest publicly traded developer, owner, and manager of Class A office properties in the United...
Boston Properties Secures a 140,000 SQFT Lease at Santa Monica Business Park
BOSTON–Boston Properties, Inc. (NYSE: BXP), the largest publicly traded developer, owner, and manager of Class A office properties in the United States, announced it has...
Gelson’s Signs 36,000 SQFT Lease at West Edge Plaza in Los Angeles
(LOS ANGELES) – Hines, the international real estate firm, today announced that Gelson’s, one of California’s premier supermarket chains, has signed a long-term...
Stockdale Capital Partners Acquires Le Merigot Hotel in Santa Monica for $75MM
(According to sources familiar with the transaction, the property was purchased for $75 million.) LOS ANGELES – May 18, 2021 – Stockdale Capital...
Santa Monica CRE Market is Bouncing Back, Industry Experts Report
By Catherine Sweeney Los Angeles and its surrounding submarkets continue to reopen amid the COVID-19 pandemic, and industry experts say Santa Monica could...
Metropolitan Invests $19.6MM in Santa Monica Water Recycling Project
Board votes to approve $19.6 million in funding from Local Resources Program LOS ANGELES–A recycled water and groundwater recovery project that will produce...
