CREATIVE OFFICE / RETAIL 2425 MICHIGAN AVE D BUILDING ... · feasibility analysis of the proposed site, cost estimates and concept design services. The team will recommend strategies

VDRAFT

SCOTT [email protected] BRE No. 01252835

RICH [email protected] BRE No. 02009527

CREATIVE OFFICE / RETAIL ± 1,029 RSF TO ± 15,950 RSF

INDUSTRYPARTNERS.COM310 395 5151CA BRE No. 01900833

FOR LEASE

2425 MICHIGAN AVED BUILDINGSANTA MONICA

INDUSTRYPARTNERS.COM 310 395 5151 CA BRE NO. 01900833 VDRAFT 2

FOR LEASE CREATIVE OFFICE / RETAIL 2425 MICHIGAN AVE SANTA MONICA CA 90404 DETAILS

Best in class creative office space right at the Expo Line’s Bergamot Station

FEATURES

Creative office conversion located in a unique art-centered setting

Immediately adjacent to the City of Santa Monica’s Bergamot Station Art Center redevelopment project

Premium Santa Monica Media District location

Direct Access to Metro Expo Line 26th St/Bergamot Station

Neighboring creative and media tenants include Amazon, Oracle, Red Bull, Dick Clark Productions, CBS, and Kite Pharma

High-quality restaurant, Birdie G, will be expected to open in the alley next door to building D (See pg. 8)

RATE

$4.75 / SF per Mo. / NNNNNNS

$1.00 / SF per MoAVAILABLE SF

D1 ± 3,184 RSF

D2 ± 1,029 RSF

D3 ± 2,825 RSF

D4 ± 5,097 RSF

D5 ± 3,815 RSF

TOTAL ± 15,950 RSF

MAX COMBINEABLE

OCCUPANCY

D1 March 2020

D2, D3, D4, D5 September 2019

TERM

2-5 yearsPARKING

1 Spaces per 1,000 SF

$200 per space / mo.


FOR LEASE CREATIVE OFFICE / RETAIL 2425 MICHIGAN AVE SANTA MONICA CA 90404 SUITE D2PHOTOS








FOR LEASE CREATIVE OFFICE / RETAIL 2425 MICHIGAN AVE SANTA MONICA CA 90404 FLOOR PLAN

NOT TO SCALE.Floor plan for information purposes only. Layout and furnishings may vary

D53,142 SF

D43,973 SF

D31,866 SF

D21,029 SF

D12,524 SF

GROUND FLOOR


FOR LEASE CREATIVE OFFICE / RETAIL 2425 MICHIGAN AVE SANTA MONICA CA 90404

D5673 RSF

D41,124 RSF

D3958 RSF

D1660 RSF

MEZZANINE FLOOR


FOR LEASE CREATIVE OFFICE / RETAIL 2425 MICHIGAN AVE SANTA MONICA CA 90404 LARGER DEVELOPMENT RENDERINGS

On-site retail with Birdie G restaurant located in the alley.


FOR LEASE CREATIVE OFFICE / RETAIL 2425 MICHIGAN AVE SANTA MONICA CA 90404 LARGER DEVELOPMENTBIRDIE G’S PHOTOS



2425 MICHIGAN AVE

Expo LineBergamot Station

220 FT WALK


FOR LEASE CREATIVE OFFICE / RETAIL 2425 MICHIGAN AVE SANTA MONICA CA 90404 NEIGHBORHOOD

EXPO LINE

TiatoNoma Sushi

Veggie Grill

Tender Greens

Le Petit Cafe

Daily Grill

Starbucks

Iron Gym

Bodega

Pono Burger The Buffalo Club

Ralph’s

18th St Coffee

Bay ClubBergamot Cafe

Bondi Harvest

Birdie G’s NEW

Whole Foods

Malbec Argentinean

Wilshire

Earth Wind and Flour

Opaque

Takuma

Erewhon Market

Bread & Porridge

Estate

Milo & Olive

2425 MICHIGAN AVE

About the Neighborhood

Neighborhood surrounded by creative tenants, including Amazon, Oracle, Agensys, Starz, RiotGames, and many more

Located right at Metro’s Expo Line Bergamot Station, which connects Downtown Santa Monica with Downtown LA

Amenity-rich area, with a balance of restaurants, coffee shops, retailers, and fitness clubs

Adjacent to the Exposition Corridor Bike Path

In close proximity to the 10 Fwy

ADJACENT TO BERGAMOT STATION2 BLOCKS TO 10 FREEWAY4-10 MIN DRIVE TO 405 FREEWAY

©2018 Industry Partners, Inc. | All images and information contained in this brochure are based on the latest information available at the time of publication, and may not represent finished property conditions. No warranty or represen-tation is made to the accuracy of the foregoing information. Terms of lease or sale are subject to change or withdrawal without notice.



Santa Monica Media District

The Santa Monica Media District is a submarket featuring one of the densest tenant rosters of top tech, media, and production companies.

A major factor for the cultivation of this area is the inspiring, ener-getic, and diverse areas that are found near shops, restaurants,and outdoor spaces, which provide easy access to parking and trans-portation.

Amazon Studios

SUBJECT PROPERTIES

CBS

AMC

Bay Club

Redbull

StarzLionsgate

Viacom

Edmunds

Headspace

Hulu

Dick Clark Productions

Goop

WeWorkOracle

RPA

©2019 Industry Partners, Inc. | All images and information contained in this brochure are based on the latest information available at the time of publication, and may not represent finished property conditions. No warranty or represen-tation is made to the accuracy of the foregoing information. Terms of lease or sale are subject to change or withdrawal without notice.

NEIGHBORHOOD TENANTS



Expo Line

Expo Line reached 2030 ridership expectations of 64,000 daily riders in 2017

The Expo Line Travels 15.1 miles from DTLA to Downtown Santa Monica in only 46 minutes. That’s 20-40 minutes less than driving during rush hour

Expo Line Extension was com-pleted in 2016 (6.6 miles/7 new stations) with a $1.5 billion invest-ment

Crenshaw Line is expected to be completed by October, 2019. The Exposition/Crenshaw Station will provide for transfer to the Expo Line

NEW 8.5 MI CRENSHAW LINEEXPOSITION-LAX$2 BILLION INVESTMENTUNDER CONSTRUCTION

2425 MICHIGAN AVE

DTLA Metro 44min / 16 Stops

Downtown Culver City Metro 14 min / 5 Stops

Staples CenterMetro 41min / 15 Stops

Natural History MuseumMetro 29min / 11 Stops

Downtown Santa Monica Metro 5 min / 2 Stops

LAXDrive 20-40 min

TRANSIT


FOR LEASE CREATIVE OFFICE / RETAIL 2425 MICHIGAN AVE SANTA MONICA CA 90404 ADJACENT DEVELOPMENT

BERGAMOT STATION ART CENTER

Owned by the City of Santa Monica, the Bergamot Station Art Center (BSAC) will undergo a redevelopment meant to better serve the riders off the nearby Expo Line station and to draw more visitors to the art complex. After an RFP process, the City Council selected a team lead by Worthe RE Group in September 2014.

Plans are currently under conceptual review, but components of the plan include improved arts facilities, dining, outdoor spaces for activation and leisure, and more.

Here are early conceptual images of the project, submitted by architectural group Rios Clementi Hale in 2014.


FOR LEASE CREATIVE OFFICE / RETAIL 2425 MICHIGAN AVE SANTA MONICA CA 90404 ADJACENT DEVELOPMENT

SANTA MONICA CITY YARDS

The City seeks to redesign the area known at the City Yards at 2500 Michigan Avenue in order to modernize the aging facility. On July 28, 2015, Council approved a Professional Services Agreement with Hathaway Dinwiddie Construction Company (HDCC) and Miller Hull Partnership to provide a feasibility analysis of the proposed site, cost estimates and concept design services. The team will recommend strategies for building upon the site in conjunction with the concept designs.

The City Yards is a 14.7-acre site owned and operated by the City of Santa Monica and located at 2500 Michigan Avenue, near the intersection of 24th Street and Michigan Avenue. The City took ownership of the site in the late 1940s. The property has been used as a base for the City’s maintenance operations, storage facilities, and other industrial uses. Currently, a majority of the City’s field maintenance operations are located at the City Yards in 16 buildings and structures of various ages and conditions.

Documents

CREATIVE OFFICE / RETAIL 2425 MICHIGAN AVE D BUILDING ... · feasibility analysis of the proposed site, cost estimates and concept design services. The team will recommend strategies