Case Study

Santa Monica Redevelopment Site

Santa Monica Redevelopment Site

1003-1007 Olympic Blvd., Santa Monica, CA

  • Property Type: Industrial
  • Size: 16,590 SF
  • Date Closed: 08/29/2022


  • Client requirement for acquisition for purposes of EV supercharging site.
  • Limited land inventory in the Santa Monica submarket
  • Emergency Moratorium banning projects on commercial lots without residential components (with some exceptions)


  • Researched zoning and code regulations surrounding clients’ operations to navigate complex barriers to entry
  • Comprehensive analysis of use-specific site selection requirements
  • Conducted in-depth evaluation of local political landscape, leveraged local relationships with key players driving decisions to understand zoning, use regulations, and multi-year delays in similar projects


  • Advised buyers through the site selection and negotiation process by navigating the intricacies of the client’s business requirements and land use regulation
  • Located a rare double lot land opportunity with no conditional use permit required
  • Client was able to leverage income from existing tenant to offset costs during the permitting and entitlement process