Silicon Beach
Wildwood School Acquires 101,000 SQFT Ocean Park Plaza for $50.6MM in Santa Monica
A private co-educational school has purchased Santa Monica’s largely empty Ocean Park Plaza in an all-cash deal, pulling a full city block of...
SpaceX’s Record IPO Unleashes a Coastal Buying Wave, and South Bay Housing Is Ground Zero
SpaceX’s $75 billion public debut has created thousands of new millionaires clustered in Los Angeles County’s aerospace corridor, and brokers from Manhattan Beach...
$240MM Defaulted Loan on 22-Acre Manhattan Beach Studios Hits Market as Foreclosure Looms in South Bay
The $240 million loan secured by Manhattan Beach Studios is up for sale just weeks after the lender filed to foreclose on the...
40-Unit Venice Apartment Portfolio Near Abbot Kinney Lists for $16.3MM
A two-building, non-rent-controlled multifamily portfolio six blocks from Venice Beach comes to market with double-digit rental upside in the heart of Silicon Beach. ...
Faraday Future Signs Lease for 99,200 SQFT El Segundo Campus, Abandoning Gardena Headquarters After 12 Years
The EV-turned-robotics company is downsizing from its 146,765-square-foot Gardena facility to a creative office on Grand Avenue, betting on Silicon Beach to fuel...
Aeon Nexus Announces Expansion of West Coast Operations with New 4,331 SQFT El Segundo Office
EL SEGUNDO, Calif. — Aeon Nexus today announced the expansion of its West Coast operations with a new office located at 101 Continental...
Entitled Santa Monica Development Site Hits the Market for $8.5MM in Ocean Park Neighborhood
Property sits nine blocks from beach, five blocks from 30,000-student college with no campus housing An entitled mixed-use development site positioned nine blocks...
21,000 SQFT Brentwood Development Site Will Test LA’s Appetite for Westside Multifamily Development
Half-acre parcel at Wilshire and Barrington could yield more than 240 units under city’s new housing incentive program A development site at the...
Hotel Owner Snaps Up Former Snapchat Offices in Venice for $31MM
Boutique hotelier Stefan Ashkenazy acquires Silicon Beach property at steep discount, highlighting ongoing struggles in West LA office market An entity affiliated with...
58-Unit Venice Beach Multifamily Property Sells for $13.3MM
Residential building at 15 Paloma Ave closes at $229,310 per unit, below February asking price The Los Angeles multifamily market continues to demonstrate...
Santa Monica Development Site With 226-Unit Potential Marketed in Lender-Facilitated Sale
A 0.51-acre multifamily development site at 1543-1559 7th St. in Downtown Santa Monica has been listed for lender-facilitated sale. The property, known as...
198-Unit Marina del Rey Waterfront Complex Sells to APW Avenue Group for $62MM in Rare Transaction
Villa Del Mar’s sale marks first waterfront multifamily deal in the area since 2019 A luxury waterfront apartment complex in Marina del Rey...
