Construction Starts On Santa Monica Sears’ Transformation Into ‘Vibrant’ Retail, Office, Food Complex

by MR Magazine Staff

Work is underway now to turn the former Sears in downtown Santa Monica into an office and retail complex aimed squarely at Silicon Beach’s tech industry workers, owners Seritage Growth Properties and Invesco Real Estate announced today. The 100,000-square-foot property will offer “an abundance of indoor and outdoor space, spectacular views of the Pacific Ocean, and a vibrant mix of street level restaurants and retail,” said Benjamin Schall, president and CEO of Seritage Growth Properties. Office tenants will also have access to a transportation hub: The property is located adjacent to the terminus of the Expo Line at Colorado Avenue and Fourth Street. The landmarked building, now called Mark 302, will undergo a host of renovations, including seismic retrofitting, the creation of a fourth story and an atrium, and the addition of a landscaped rooftop deck. Read more at Curbed LA.