Santa Monica
Savills Acquisition of Eastdil to Create “Global Real Estate Powerhouse”
Savills plc on Thursday formally announced that it has agreed to acquire Eastdil Secured Holdings, LLC., creating what Savills called… Read more
Santa Monica Gateway Secures New Leases Totaling 65K SF
Lincoln Property Company recently completed two new leases totaling 65,378 square feet on behalf of the ownership of Santa Monica Gateway,… Read more
CIM Completes Second Multifamily Project in LA’s West Adams Neighborhood
CIM Group has completed The Read, a 75-unit, six-story apartment building with 9,000 square feet of ground-floor retail located at… Read more
IKEA to Open First LA Store within Helms Design District
IKEA U.S. said Wednesday it plans to open its first store within the city of Los Angeles. Scheduled to open in… Read more
Ellison’s $50M Ag Venture Chooses Lockhart
Billionaire Oracle Corp. founder Larry Ellison plans to invest $50 million in a Lockhart greenhouse project. The agricultural technology company, called Sensei… Read more
Hotel, Residential Highrise Planned for Uptown Dallas
Proper Hospitality and Lincoln Property Co. are joining forces on a 34-story tower that will include 200 hotel rooms and 80 residences… Read more
Related California Opens Rental Project on Site of Santa Monica Vons
Related California unveiled 700 Broadway, a new residential building with 196 rental homes on the site of a decades-old Vons supermarket in… Read more
Douglas Emmett Secures $941M in Loans on Apartment Properties
(Updated with additional information) Office and apartment REIT Douglas Emmett, Inc. said Monday it had obtained a total of $941… Read more
Swig Renews Santa Monica Tenancy for Provident Financial Management
The Swig Company has renewed a 17,000-square-foot lease with Provident Financial Management on the top floor of 3130 Wilshire Blvd. in Santa Monica. Lease… Read more
Newmark Closes Santa Monica Office Sale for Kilroy
Newmark arranged the $40-million sale of 501 Santa Monica Blvd., a seven-story office building consisting of 78,509 square feet and… Read more
Private Investor Pays $18M for Brentwood Luxury Multifamily
CBRE arranged the sale of 818 Gretna Green Way, a 27-unit luxury multifamily property located in the Brentwood section of… Read more
Santa Monica Council Votes to Prioritize Open Space in Airport Redevelopment
The Santa Monica City Council voted 6-1 Tuesday in support of a plan to transform the 192-acre Santa Monica Airport… Read more
Tova Capital JV Acquires Freestanding Santa Monica Retail
Local real estate investment and development firm Tova Capital, Inc., in joint venture with Shopton Capital, has acquired a 7,500-square-foot,… Read more
DivcoWest Expands SoCal Management Portfolio with Four Santa Monica Assets
DivcoWest has been selected to lead management, leasing, and operations of four Santa Monica assets, including Penn Station Studios, Broadway Place,… Read more
Pacific Palisades Development Site Comes to Market
KW Commercial’s The Soroudi Team has been exclusively assigned to market a 1.04-acre development site located at 17250 Sunset Blvd.… Read more
Berkadia Arranges $71M to Rehab Santa Monica Affordable Housing
Berkadia closed on $70.6 million in financing for Westminster Towers, a 285-unit, age-restricted affordable housing project located at 1112 7th… Read more
Prism Places Tapped to Manage Santa Monica Place
Prism Places has been engaged as property manager for Santa Monica Place. The 527,000-square-foot retail center in Santa Monica is directed… Read more
Swig Completes Seismic Upgrades at Santa Monica Office Property
The Swig Company completed significant renovations to the interior and exterior of 3130 Wilshire, including seismic upgrades, with a view toward enhancing… Read more