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Santa Monica 3rd Street Promenade
CommercialFeaturedIndustry NewsLos AngelesRetail

Santa Monica Creates “Entertainment Zone” to Revitalize Struggling Third Street Promenade

Santa Monica is taking bold steps to breathe new life into its iconic shopping district by allowing public drinking in designated areas. Santa...

SantaMonicaPlace_Center_Exterior
AECIndustry NewsLos AngelesNews ReleasesRetail

527,000 SQFT Santa Monica Place Gets New Management Following $300MM Default

CRE management firm is a veteran of SoCal Retail Trigild engages Prism with mandate to revive April 3, 2025 (LOS ANGELES) — Prism...

Santa Monica beach with downtown in the background
CommercialFinanceIndustry NewsLos Angeles

9,900 SQFT Creative Office in Santa Monica Listed for $9.5MM

A 9,900-square-foot creative office property at 1648 10th Street in Santa Monica has been listed for sale at $9.5 million, or approximately $960...

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AECIndustry NewsLos AngelesResidentialRetail

EAH Housing Proposes 122-Unit Affordable Housing Project with Grocery Market in Santa Monica

A new addition to Santa Monica’s downtown core is on the horizon as nonprofit developer EAH Housing has submitted plans for a six-story,...

Santa Monica 3rd Street Promenade
CommercialFinanceIndustry NewsLos AngelesRetail

Kilroy Lists 73,000 SQFT 501 Santa Monica Blvd. Office Building in Downtown Santa Monica

A premier office building at 501 Santa Monica Blvd in Santa Monica has been listed for sale, offering approximately 73,000 square feet of...

An athletic sneaker
Industry NewsLos AngelesNews Releases

Grupo Innovasport Leases 7,500 SQFT at Third Street Promenade in Santa Monica

Company will be opening its U.S. flagship store Culto that features specialty footwear LOS ANGELES, September 18, 2024 – Confirming increased demand for commercial...

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FinanceIndustry NewsLos AngelesNews ReleasesRetail

Federal Realty Sells Third Street Promenade Portfolio in Santa Monica for $103MM to Two Investors

Strategic Disposition Enhances Focus on Key Markets and Financial Flexibility (EDITOR’S NOTE: Federal Realty Investment Trust sold eight parcels along Santa Monica’s Third...

Santa Monica 3rd Street Promenade
FeaturedIndustry NewsLos AngelesRetail

The Rise, Fall, and Uncertain Future of Santa Monica’s Third Street Promenade

Santa Monica’s iconic Third Street Promenade, once a bustling hub of activity and commerce, has seen a dramatic decline in recent years. The...

AECFinanceIndustry NewsLos AngelesRetail

12,466 SQFT Auto Dealership in Santa Monica Listed for $24MM

By Catherine Sweeney  A 12,466 square foot property that could offer potential redevelopment opportunities has recently been added to Santa Monica’s investment market....

FinanceIndustry NewsLos AngelesNews Releases

$27.4MM Construction Loan Secured for 25,000 SQFT Retail Development in Santa Monica

By Catherine Sweeney  Beverly Hills, CA — Sonnenblick-Eichner Company has arranged a $27.4 million construction loan for the speculative development of a three-story...

AECIndustry NewsLos AngelesResidential

EAH Selected by City for Mixed-Use Affordable Housing Development in Santa Monica 

By Catherine Sweeney EAH Housing will soon be replacing a public parking structure in downtown Santa Monica with a mixed-use affordable housing project,...

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