JSM Construction, a Santa Monica-based apartment developer, will build a 46-unit apartment building on a 15,000 square site at 626 Broadway in Santa Monica, which it has just bought for $5 million.The seller was a Long Beach-based private investor. Joseph Gabbaian, Senior Vice President with the Grubb & Ellis West Los Angeles office, represented both the buyer and the seller in the transaction.
Developer Buys Broadway Site for $5 Million: plans to build 46-unit apartment complex
Newsletter
Subscribe to our newsletter to receive the latest news and events in Santa Monica and the surrounding areas!
DIGITAL
RECENT POSTS
Santa Monica to Require “Low-Carbon Concrete” in New Construction Projects
The Proposed Amendment Could Reduce the City’s Building Sector Concrete Embodied Carbon by 14%-33% Taking a stride toward carbon neutrality,...
Read morePOPULAR
SMC to Host Free Talk by Inspirational Speaker Dee Hankins
Drawing from Personal Experience, Hankins Emphasizes Transformative Power of Resilience to Overcome Adversity Santa Monica College is set to host...
Read more