Santa Monica
Dueling Transfer Tax Measures Put Billions in California Real Estate Revenue on the Line
A Howard Jarvis ballot initiative and a last-minute legislative compromise, AB 736, are racing toward a June 25 deadline that will determine how...
Scarce Supply and a Value-Luxury Barbell Power Southern California Retail Into 2026
Southern California’s retail landlords are navigating a market where almost no new space is being built, demand is bifurcating between deep-discount and luxury...
Columbia Pacific Lists Former World’s Gym Site on Abbot Kinney for 148-Unit Venice Residential Play
Columbia Pacific Advisors has brought to market a 0.68-acre development site at the corner of Abbot Kinney Boulevard and Main Street in Venice,...
Wells Fargo-Occupied Santa Monica Bank Branch Lists for $9.275MM Steps from the Beach
Hanley Investment Group and Industry Partners bring a corporate-guaranteed Wells Fargo NNN asset on a third-acre Ocean Park parcel to market amid steady...
Macerich Lifts 2028 FFO Target to $2.00 as Path Forward Plan Hits Inflection Point
Santa Monica-based REIT raises its NOI ceiling and reports $1.3 billion in completed dispositions as record leasing momentum reshapes its Class A mall...
32,000 SQFT Coastal TJ Maxx-Leased Site in Santa Monica Brought to Market for $20.2MM at 5.5% Cap Rate
A rare single-tenant net lease opportunity on Santa Monica’s prime retail corridor, the TJX-anchored property carries investment-grade credit and a lease running through...
BLT Enterprises Lists 20,700 SQFT Baker Building in West LA for $10.5MM
The Santa Monica investor is testing buyer appetite for a two-building Sawtelle creative compound priced at $505 per square foot, more than 13...
JP Morgan Pulls Plug on $1.4B Core-Plus Real Estate Fund as Santa Monica’s $162MM Pen Factory Hangs in the Balance
The 24-year-old US Real Estate Income and Growth vehicle had bet on Westside trophy office at the top of the market — now...
Douglas Emmett Bets on Adaptive Reuse With 323-Unit Conversion of Westwood’s Murdock Plaza
The Santa Monica REIT files plans to turn a 17-story Wilshire Boulevard office tower it acquired out of distress into apartments, pairing the...
Cypress Equity Lands $170MM Construction Loan to Launch 320-Unit Wilshire Boulevard Push in Santa Monica
Twin eight-story projects near Douglas Park will replace aging commercial sites and lean on the city’s new off-site affordable housing pilot Cypress Equity...
Community Corp. Breaks Ground on 95-Unit Jubilo Village in Culver City After Seven-Year Push
Westside nonprofit developer secures $20 million city loan and state tax credits to deliver Culver City’s first fully affordable project in more than...
Bank OZK Seizes Redcar’s 86,000 SQFT Santa Monica Office Complex After $50MM Loan Sours
Newly built 1650 Euclid Street and two adjacent parcels go back to the lender via deed in lieu, marking one of Silicon Beach’s...
