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Lee & Associates Named Exclusive Reps for New Santa Monica Mixed-Use Project
With the prestigious listing, Lee will play role in the continued redevelopment of Santa Monica's downtown
Specializing in urban redevelopment with some of Los Angeles’ most prominent retail developers, Deschaine has been an integral part of the resurgence of different Los Angeles sub-markets, including Santa Monica’s Third Street Promenade. With more than 18 years of experience in retail tenant and landlord representation and voted “Best Landlord Rep Broker” in 2010 by the Los Angeles Business Journal, Deschaine consistently gets results for her clients.
Along with Stephanie Skrbin, Deschaine’s leasing team is currently working to lease the retail space and market the new development.
"With The Gibson, our team is looking to find retail and eateries that will add something new to the neighborhood and compliment the residential component, which will provide unrivaled amenities to the residents," said Deschaine, a principal of the LA North/Ventura office. "In conjunction with the seasoned owners/developers, we are working to not just create a mixed-use development but to provide the Santa Monica neighborhood with a new retail experience.”
Located at 702 Arizona, just blocks away from the famous Third Street Promenade and Santa Monica Pier, the new complex will offer the highest level of luxury living in one of Los Angeles' most desirable locations. Consisting of two adjacent five-story buildings, the 106-unit upscale apartment development will offer 142 structured parking spots, bike storage, a fitness center, a business center and an outdoor pool.
The owner, a joint venture between Century West Partners and Cigna, broke ground on the project in September. Construction is scheduled to be completed by 2013.
About Lee & Associates
Celebrating 33 years of leadership excellence in commercial real estate, Lee & Associates is the largest broker-owned firm in the nation, with 46 locations across the nation including California, Arizona, Florida, Georgia, Idaho, Illinois, Indiana, Kansas, Michigan, Missouri, New Jersey, New York, Nevada, South Carolina, Texas and Wisconsin. With a roster of more than 700 expert brokers, Lee & Associates provides a wide range of specialized commercial real estate services. For additional information visit http://www.lee-