2947 Bradley
2947 Bradley Street, Pasadena, CA, 91107, US
10 631 mètres carrés
Descriptif
Jones Lang LaSalle Americas, Inc. (“JLL”), as exclusive advisor, is pleased to present qualified investors with the opportunity to acquire a 100% fee simple interest in 1620–1650 Euclid Street (collectively, the “Properties”) — three buildings on a single Santa Monica block that, together, offer a rare degree of investment optionality. The Properties comprise 1650 Euclid, a 56,623-RSF Class A creative-office building, and the adjacent 1620 & 1630 Euclid, a 0.61-acre potential development site.
Investors are invited to submit an offer for all or any of the parts of the offering: the three buildings individually or in any combination. 1650 Euclid: 56,623 RSF (57,213 as-leased), ~11% occupied, 4.0-year WALT, a 2024 Class A lease-up play. 1630 Euclid: 8,879 RSF, 100% leased to two media tenants, stabilized in-place cash flow. 1620 Euclid: 10,171 RSF, fully vacant, a value add repositioning. Together, 1620 and 1630 can also be viewed as a .61 acre potential development site.
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Attributs
Superficie du bâtiment nette
6 225 mètres carrés
Année de construction
2024
Média
Points forts de l'investissement
THREE BUILDINGS PROVIDE OPTIONALITY
- Acquire the entire block, the 1650 office building, or the 1620 & 1630 development site — a flexibility rarely available on a single Santa Monica block.
25% OF SANTA MONICA’S TIER 1
- 1650 Euclid is a Tier 1 lifestyle-office (2015+) building. Only about3% of Santa Monica’s office stock qualifies as Tier 1, and 1650 Euclid alone accounts for roughly 25% of that Tier 1 inventory.
POSITIONED FOR FLIGHT-TO-QUALITY
- Tier 1 assets are expected to outperform Tier 2 in occupancy gains over the next five years, as tenant demand continues to concentrate in new vintage product amid a slowdown in new deliveries.
BUILT FOR THE TENANTS THAT DRIVE THE MARKET
- 80% of the 90 active Westside requirements are below 50,000 SF, and small-tenant leasing (4,000–15,000 SF) has fully recovered to pre-Covid levels.
SCARCE DEVELOPMENT LAND
- The adjacent 1620 & 1630 site offers an infill development opportunity.
Contactez les courtiers
1620-1650 Euclid (0 Propriétés)
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Dernière mise à jour
Jul 8, 2026
