Santa Monica, California Commercial Real Estate 0 Listings

Santa Monica, California: A Premier Destination for Commercial Real Estate

Introduction

Santa Monica, California, is a vibrant city known for its strategic location, thriving economy, and strong commercial real estate (CRE) market. Situated on the coast of Southern California, Santa Monica boasts an attractive mix of industries, including technology, entertainment, and tourism, which drive significant demand for various commercial property types. As a dynamic and economically diverse city, Santa Monica presents unique opportunities for real estate investors and professionals seeking to capitalize on its robust CRE landscape.

Economic and Industry Overview

Santa Monica's economy is powered by a diverse array of industries such as technology, entertainment, and digital media. The city is part of the greater Los Angeles tech hub and is often referred to as "Silicon Beach," home to numerous startups and established tech companies. This concentration of industries fuels the demand for office spaces, creative workspaces, and innovation districts.

The Santa Monica Economic Development Division actively supports business growth and development, fostering an environment where commercial real estate can thrive. Santa Monica Economic Development Division

Strategic Location and Transportation Infrastructure

Santa Monica offers strategic logistical advantages with its proximity to major highways such as the I-10 and I-405, facilitating easy access to the broader Los Angeles region and beyond. The city is also near Los Angeles International Airport (LAX), a major hub for domestic and international flights, providing excellent connectivity for businesses.

Additionally, the Santa Monica Pier and beach are iconic landmarks that draw tourists and boost the local retail and hospitality sectors. For more information on transportation in Santa Monica, visit the California Department of Transportation.

Commercial Real Estate Inventory & Zoning

Santa Monica’s CRE submarkets include a bustling Central Business District (CBD), creative office spaces in Bergamot Station, and retail-heavy areas like the Third Street Promenade. The city offers a mix of asset classes, including office, retail, and multifamily properties, catering to diverse business needs.

Santa Monica is proactive in zoning and development incentives, providing opportunities for developers to engage in innovative projects. For zoning information, visit the Santa Monica Zoning Map.

Major Employers and Institutions

Santa Monica hosts several major employers, including tech giants like Snap Inc. and entertainment companies such as Hulu. The city is also home to Santa Monica College, which contributes to a skilled labor pool, further driving CRE demand.

For a comprehensive list of major employers, check out the Santa Monica Chamber of Commerce.

Notable Commercial Developments & Projects

Santa Monica is witnessing several large-scale developments, including mixed-use projects and innovation parks that enhance the city's commercial appeal. Public-private partnerships and Opportunity Zones present additional investment opportunities.

For more on planning and development, refer to the Santa Monica Planning Department.

Building Permits, Planning, and Development Tools

For resources on building permits, planning, and development, explore the following:

Market Data & Economic Reports

Santa Monica's economic and market data can be accessed through various public resources, including Census.gov and the city's open data portal. Brevitas leverages AI-powered aggregation from public data and internal insights to provide comprehensive market intelligence.

Explore Santa Monica's CRE landscape using Brevitas-powered dashboards.

Why Use Brevitas for Santa Monica, California CRE?

Brevitas offers unparalleled CRE discovery in Santa Monica through AI-driven tools, real-time market alerts, and collaborative dealroom features. Our platform provides: