402 Santa Monica Boulevard

402 Santa Monica Blvd, Santa Monica, CA 90401, USA

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This 55,000 square foot, two-story building is one of the largest freestanding properties in this highly desirable area. Located just one block east of the vibrant Third Street Promenade at the corner of Santa Monica Boulevard and 4th Street, it is near both the Pacific Ocean and the many cultural and retail attractions that draw tourists and locals. The building is currently the home of outdoor-adventure specialty retailer REI.

CIM sold this property in 2009.



Investment Highlights
  • 150 feet of frontage along Santa Monica Boulevard
  • Access to the I-10 and Pacific Coast Highway
CIM views urban investing as a discipline rather than a market niche or a trend.