Santa Monica
Report: Sublet Availability Decreasing in LA Office Market as Companies Withdraw Space, Head Back to the Office
By Catherine Sweeney Despite uncertainties caused by the COVID-19 pandemic, the Los Angeles office market is seeing a decrease in sublet availability as...
DivcoWest Acquires 200,000 SQFT Office Property in North Hollywood for $92MM
By Catherine Sweeney DivcoWest, a San Francisco-based real estate investment company, is continuing to make moves in Los Angeles. The company has just...
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...
