Santa Monica
Macerich Doubles Down on West Coast Trophy Malls While Shedding Underperformers
The Santa Monica REIT’s Q1 2026 results reveal a portfolio strategy splitting Pacific Coast assets into two clear camps: properties worth fighting for...
MGR Real Estate Lands 106,000 SQFT Lakeview Campus in Ontario for $24.675MM
Off-market deal hands the Inland Empire investor a Class A office asset with 1.85 acres of expansion land at one of the West’s...
Santa Monica Office Demand Stirs Awake as BXP Sees Westside Tenants Hunting Upgrades
The nation’s largest premier workplace REIT logs renewed activity on its 2-million-square-foot LA portfolio after years of dormancy, even as overall submarket vacancy...
Private Investor Group Lands Chelsea Apartments in Santa Monica for $33.1MM, Secures 10-Year Fixed Debt
A 53-unit coastal trophy two blocks from the Pacific trades at roughly $625,000 per door as a Venice-based sponsor doubles down on supply-constrained...
Kilroy Cashes Out of Hollywood with $202MM Sale of 393-Unit Columbia Square Living and Jardine Towers
The $514,000-per-unit transaction strips Kilroy of nearly all its Los Angeles multifamily exposure and delivers a $61.8 million impairment as the REIT pivots...
Jacmar Cos.’s 120-Unit Mixed-Use Project Goes Vertical at the Fairfax Asterisk in LA’s Little Ethiopia
The Alhambra-based conglomerate’s 120-unit apartment building rises above grade at one of Los Angeles’ most complex intersections, adding density to a corridor in...
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...
Global Mutual Lists 21,500 SQFT Triple-Net Retail Asset on Santa Monica’s 3rd Street Promenade for $26.88MM
Three-tenant property anchored by Dodgers Clubhouse, Patagonia, and Wilson Sporting Goods trades at a 6.5 percent cap rate with assumable Morgan Stanley financing...
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...
