We had our analysts go through every property currently on the market in the greater Santa Monica Area. Based on our results we found the following three (3) locations to be the best options. If you have any interest on the following properties please reach out with any questions.
The results were based on: Cost, Location, Layout, Ownership.
1314 7th Street - (The Telephone Building)
Located in the iconic Telephone building, this 3rd floor sublease is ready for immediate occupancy. The LL has put extensive work into the build-out to make it one of a kind. The space can come fully furnished depending on the deal terms. The space has incredibly high exposed ceilings, floor to ceiling glass windows and offices and plenty of open bull-pen space. In addition, you are not in the heart of Downtown Santa Monica so the traffic congestion is next to none. In the ground floor of the Telephone building there are two restaurants, Cassia and Esters Wine Bar which make for great client outings.
Property Details:
Square feet: 8,237 - 22,170 SF
Rental Rate: $4.75 FSG
Sublease Term: Thru May 2022
Parking: 3/1000 @ prevailing rates
1337 3rd Street Promenade
Located on the 3rd Street Promenade and steps to all of the major retailers, this space is set up for attracting the best talent. Expansive open layout that flows into a nice large open kitchen. There are four (4) offices with two (2) conference rooms. Direct elevator entry opens to custom furnishings and a high-end creative space with exposed ceilings, modern industrial finishes, multiple skylights, and custom lighting system.
Property Details:
Square Feet: 3,400 - 6,887 SF
Rental Rate: $3.95 MG
Sublease Term: Negotiable
Parking: City structures
200-204 Santa Monica Boulevard
As a former Acceleration space this layout has ample bull-pen space that can be used for hosting clients and team events. The bow-truss building is located steps away from the ocean and the 3rd street promenade, which is very conducive for walk & talk meetings and company outings. The layout has a great mix of office and conference rooms along with a large open kitchen.
Property Details:
Square feet: 8,166 SF
Rental Rate: $4.00 NNN (Nets are $0.89)
Sublease Expiration: Thru July 31, 2022
Parking: City Structures