Santa Monica
Spirit Realty’s Jackson Hsieh Joins Macerich as New CEO
Jackson Hsieh will become the president and CEO of The Macerich Company on March 1, following the retirement of Thomas… Read more
Snap Inc. Renews Full 467K-SF Space in Santa Monica
BXP said Tuesday that it has signed a 10-year, approximately 467,000-square-foot, multi-building lease extension with Snap Inc. at Santa Monica… Read more
CAA Warns of Ballot Measure to Overturn Costa-Hawkins
The California Apartment Association (CAA) warned members about an upcoming statewide ballot measure, the Justice for Renters Act. If approved,… Read more
Activision to Open First Office in Boston
Activision Blizzard Inc., a Santa Monica-based video game company, is subleasing a full floor at The Hub on Causeway Tower… Read more
Sonder Expands SoCal Footprint with LA, OC Properties
Hospitality company Sonder Holdings Inc. is launching three new properties in Southern California. They include the company’s first two locations… Read more
LaTerra Scores $144M Bridge Loans on LA Multifamily Projects
PGIM Real Estate provided a combined $143.5 million of floating-rate bridge loans to LaTerra Development, LLC for two newly constructed,… Read more
JPMorgan Set to Acquire Activision Blizzard HQ from CalSTRS
JP Morgan Asset Management is poised to acquire the Activision Blizzard headquarters in Santa Monica from the California State Teachers’… Read more
Hudson Pacific Divests Two Santa Monica Offices for $73M
Hudson Pacific Properties, Inc. said Friday that it divested through separate transactions two Santa Monica office properties, 604 Arizona Ave.… Read more
High-End Fitness Concept Coming to Macerich’s Santa Monica Place
High-end fitness concept Club Studio is coming to Macerich’s Santa Monica Place. The 48,000-square-foot Club Studio replaces the first level… Read more
Meriwether Acquires “Diamond in the Rough” Golf Resort
Meriwether Companies, a private real estate investment and development firm based in Santa Monica, has acquired Morgan Run Club &… Read more
Civitas Furnishes Construction Loan for Santa Monica Retail and Office
Civitas Capital Group, a Dallas-based alternative investment manager, has closed on a senior construction loan to Blatteis & Schnur for the… Read more
Santa Monica MOB Trades as Part of Land Assemblage
Avison Young has completed the sale of a 3,049-square-foot medical office building located at 520 Arizona Ave. in downtown Santa Monica. The… Read more
Industrial Outdoor Storage Assets Are in Scarce Supply
By Lukas Huberman Industrial Outdoor Storage (IOS), once just a niche within the broader industrial commercial real estate segment, has… Read more
Tishman Speyer Begins Construction on Santa Monica Collection
Tishman Speyer has broken ground on the first of several multifamily properties in Downtown Santa Monica, CA. Phase I of… Read more
“Builder’s Remedy” Expands in Southern California
A little-known and rarely-used California measure added to the Housing Accountability Act in 1990 known as “builder’s remedy” has suddenly… Read more