PRIME RESTAURANT/RETAIL SPACE FOR LEASE

Transcription

1 PRIME RESTAURANT/RETAIL SPACE FOR LEASE 2425 OLYMPIC BLVD, SANTA MONICA, CA CBRE, INC. Zachary Card Lic Vice President t: e: zachary.card@cbre.com Casey Jahn Lic Associate t: WATER GARDEN 3 e: casey.jahn@cbre.com

2 The Water Garden is an award winning Class A trophy office complex situated on 17 acres in Santa Monica, CA. The project comprises six 6-story glass towers and two 5-story glass towers totaling 1.29 million square feet with three levels of subterranean parking. The project is the first in Santa Monica to be awarded LEED Gold Certification. The property s prestigious tenant roster includes industry leaders in Entertainment, New Media, Technology, Finance, Banking and Law. The Water Garden offers an array of amenities including casual and fine dining, a childcare facility, state-of-the-art private fitness facility and banking. We are in the process of enhancing the project inside and out, artfully transforming today s Water Garden into the Westside s preferred workplace and playground. We re upgrading amenities as well as the 17 acres of outdoor space; redistributing water for a more environmentally friendly landscape that creates room to roam and opportunities to connect. Ready to see for yourself? The conceptual renderings (and/or drawings, images, etc.) in this presentation are representations only of the currently contemplated redesign of the Water Garden s common area interiors and exteriors, and not a commitment or guaranty to build the elements shown or with respect to their locations within the project. The redesign is subject to change and conditional upon approval of governing city agencies. 3 CBRE, INC. WATER GARDEN 4

3 PROJECT SCOPE Prime Restaurant/Retail Space for Lease Size: Suite Approximately 2,398 rsf available w/ outdoor patio. Additional spaces may become available, ask broker for details Base Rent: Available Upon Request Parking: Approximately 2,259 unreserved parking spaces in a three level subterranean structure Co-tenants: Major office tenants include Oracle, Sony, AMC Networks, Cornerstone on Demand, Wells Fargo Capital Management, CBS & Miramax among others. Premises Delivery Date: Available Now Project Renovation Completion Date: September 2016 LOCATION Los Angeles, it s one of the world s greatest cities, a city teeming with business, finance and entertainment. It s a global city on the leading edge of industry, manufacturing and world trade. Within Los Angeles, in the urban oasis of Santa Monica, on the city s fabled Westside, resides Water Garden. At the center of the flourishing office & entertainment district, Ideally situated in the heart of Santa Monica, otherwise known as Silicon Beach, the Water Garden is just minutes from the beach and in close proximity to prestigious residential communities of Brentwood, Bel Air, Beverly Hills and Pacific Palisades. Premier retail locations such as Santa Monica Place and Third Street Promenade are more than convenient to reach. Located near both the Los Angeles International Airport and Santa Monica Airport, Water Garden offers convenient access to the Santa Monica (10) and San Diego (405) Freeways nearby. Focal, hard-corner location at major signalized intersection over 29,000 cars per day. Over 4 million square feet of office space in surrounding area The conceptual renderings (and/or drawings, images, etc.) in this presentation are representations only of the currently contemplated redesign of the Water Garden s common area interiors and exteriors, and not a commitment or guaranty to build the elements shown or with respect to their locations within the project. The redesign is subject to change and conditional upon approval of governing city agencies. 5 CBRE, INC. WATER GARDEN 6

4 WATER GARDEN COMMUNITY MILE DAYTIME POPULATION: >52,000 OVER 4 MILLION SQUARE FEET OF OFFICE SPACE IN THE SURROUNDING AREA AMC Networks and Sony Entertainment 2. Conerstone on Demand and Lionsgate Entertainment 3. Universal Music Group 4. Kite Pharma 5. Hulu 6. RPA Advertising 7. CBS 8. Viacom/MTV and Lionsgate 9. Red Bull 10. Backlot Media 11. Palisades Media 12. Demand Media 13. Red Bull 14. Bergamot Station 7 CBRE, INC. WATER GARDEN 8

5 1. CLOVERFIELD BOULEVARD TRAFFIC COUNT OLYMPIC BLVD AND CLOVERFIELD BLVD: 29, COLORADO AVENUE 1. ±2,398 SF AVAILABLE 1. OLYMPIC BOULEVARD 2,398 SF AVAILABLE SUITE 160E 1. 26TH STREET SITE PLAN FLOOR PLAN SUITE 160E 9 CBRE, INC. WATER GARDEN 10

6 ACCESS IS EVERYTHING OPEN NOW! BERGAMOT STATION HIGH TRAFFIC LOCATION IN ESTABLISHED TRADE AREA Transit Oriented Development (TOD) Across the street from the Expo Line s Bergamot Station Expo Line has an estimated 27,360 Daily Riders Centrally located in close proximity to West Los Angeles most affluent communities - Beverly Hills, Century City, Bel Air, Brentwood and Pacific Palisades Easily accessible to - Santa Monica (10) Freeway - 264,919 cars per day San Diego (405) Freeway - 118,000 cars per day Olympic Boulevard and Santa Monica Boulevard 11 CBRE, INC. WATER GARDEN 12

7 DEMOGRAPHICS ESTIMATED DEMOGRAPHICS.5 MILE 1 MILE 2 MILE 2016 ESTIMATED POPULATION 7,261 36, ,406 DAYTIME EMPLOYMENT (Total Employees) 18,364 52, , AVERAGE HOUSEHOLD INCOME $76,404 $93,459 $108,613 Santa Monica boasts one of the most desirable demographic bases in Southern California. Affluent, active and highly educated, this is the crowd that seeks balance and enjoys the finer things. And with more retail, housing and transportation options than ever, many are choosing to live, work and do everything in between right here. This is where the dreamers live. Santa Monica is a place of music, art, food and celebration, with residents that provide the color to our daily lives. 13 CBRE, INC. WATER GARDEN 14

8 FOR RETAIL LEASING INQUIRIES PLEASE CONTACT: Zachary Card Lic Vice President t: CBRE, INC. e: Casey Jahn Lic Associate t: e: 2017 CBRE, Inc. This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs. The conceptual renderings (and/or drawings, images, etc.) in this presentation are representations only of the currently contemplated redesign of the Water Garden s common area interiors and exteriors, and not a commitment or guaranty to build the elements shown or with respect to their locations within the project. The redesign is subject to change and conditional upon approval of governing city agencies. WATER GARDEN 16 Macintosh HD:Users:cbower2:Downloads:Watergarden Olympic - ZCard:Watergarden_ZCard_v02_CB.indd