July 3, 2025 Breaking News, Latest News, and Videos

Centinela Studios In Santa Monica Purchased By Watt Investment Partners:

Centinela Studios in Santa Monica has been purchased by Watt Investment Partners, the commercial acquisition arm of Santa Monica-based Watt Companies.

The 60,000 square-foot production facility at 3401 Exposition Boulevard includes a warehouse that has been used as a sound stage for television and motion picture productions including “7th Heaven,” “Buffy the Vampire Slayer,” and “The Doors.”

Watt Investment Partners has engaged Industry Partners to lease the space and plans to begin immediately on a series of property improvements.

Located on 1.65 acres, the property was initially built in 1961 as the headquarters and manufacturing facility for the American Shower Door Company, which owned and operated the building for more than 20 years.

Dean Pentikis, Managing Partner at Watt Investment Partners, said the acquisition of Centinela Studios “perfectly exemplifies our investment mandate.”

“We are continuing the Watt tradition of investing in the Westside and bringing this creative space up to the standards of today’s entertainment users,” Pentikis said. “We see real growth on the horizon for creative tenants in the local market and we are excited to add Centinela Studios to our expanding portfolio.”

Watt Investment Partners will begin a series of upgrades to the core and shell of the existing structure, including all new exterior windows, Epi wood siding and new skylights to bring in more natural light. The team will also install new power and HVAC systems and create new outdoor space for future tenants.

Industry Partners Principal Andrew Jennison, who will oversee the leasing for the new Watt project, said there are no 30,000-60,000 square-foot stand-alone creative buildings available in Santa Monica today.

“Watt is committed to making a significant capital investment into this project on a speculative basis so that the building appeals to a wide variety of creative tenants,” Jennison said.

According to Industry Partners’ Westside Creative Office Market Report, creative users with requirements greater than 25,000 square feet have a hard time finding it in Santa Monica, which enjoys a vacancy rate of less than five percent for this product type.

For more information about Watt Investment Partners, visit www.watt-ip.com.

in News
<>Related Posts

(Video) A visit to New York Bagel & Deli in Santa Monica

July 3, 2025

July 3, 2025

Authentic NY Style Bagels with Extra Creamy Cream Cheese and Multi-Cultural Desserts. Located at 2216 Wilshire Blvd. A visit to...

(Video) Legacy, Reimagined: Architecture, Design & Construction by Home Front Build Los Angeles

July 2, 2025

July 2, 2025

Go To Homefrontbuild.com For More Information @home_front_build Legacy, Reimagined: Architecture, Design & Construction by Home Front Build Los Angeles. Go...

(Video) Gladstone’s Malibu Prepares for Reopening after Surviving Palisades Fires

July 2, 2025

July 2, 2025

With One Half of its Structure Slightly Charred and Undergoing Repairs, Gladstone’s Malibu is Reopening its Patio Space Just in...

Santa Monica Public Library Launches Community Mapping Survey

July 2, 2025

July 2, 2025

The initiative aims to shape the library’s programs and services to better meet community needs, fostering an inclusive and accessible...

Third Street Promenade Loses Bibibop Asian Grill

July 2, 2025

July 2, 2025

Bibibop opened at the Santa Monica location in 2017 after taking over a former ShopHouse space Bibibop Asian Grill, a...

Proposed Rebuilding Authority for Wildfire Recovery Sparks Local Control Debate

July 2, 2025

July 2, 2025

Plan Aims to Streamline Rebuilding but Raises Questions Over Community Input A proposed “Resilient Rebuilding Authority” to oversee recovery from...

Pentagon Orders Troop Drawdown in LA: 150 National Guard Members Reassigned to Wildfire Duty

July 2, 2025

July 2, 2025

Federal Forces Begin Partial Withdrawal From Protest Response as California Leaders Push Back U.S. Northern Command announced Tuesday that 150 National Guard...

(Video) ‘World’s Strongest Man’ Champion Pulls Big Blue Bus for 30 feet

July 1, 2025

July 1, 2025

World-class strongman Martins Licis pulled a 34,680‑pound, 35-feet long, battery electric bus through the Pier to set off Pier 360...

California Highway Patrol Deploys for Independence Day Enforcement Surge

July 1, 2025

July 1, 2025

All Available Officers to Hit California Highways for Holiday Weekend As Californians gear up for Fourth of July festivities, the...

Court Postpones Arraignment for Driver in Malibu Crash That Killed Four Students

July 1, 2025

July 1, 2025

Fraser Michael Bohm Faces Murder Charges in Fatal PCH Wreck  The arraignment for Fraser Michael Bohm, the 23-year-old man accused...

More Commercial Uses Could Be Coming to RAND Building

July 1, 2025

July 1, 2025

Amendment Unlocks New Opportunities, Secures $5.5 Million in Community Benefits The Santa Monica Planning Commission unanimously approved an amendment to...

People are Using Palisades for “Disaster Tours.” Local Officials Are Trying to Stop Them

July 1, 2025

July 1, 2025

A new motion introduced to City Council requests a coordinated strategy from LADOT, the Los Angeles Police Department, and the...

Santa Monica Favorite Esters Rebrands as Esters Wine Shop & Oyster Bar

June 30, 2025

June 30, 2025

New Concept Launches With French-Spanish Flair and Free Bubbles Esters Wine Shop, the fave Parisian-style wine bar in downtown Santa...

Letter to the Editor: Santa Monica’s Great Park: It’s Time to Deliver on 100 Years of Promise

June 30, 2025

June 30, 2025

Santa Monica stands at the edge of history. For nearly a century, residents have consistently supported turning the airport land...

Why Nordstrom Says It’s Closing Its Santa Monica Place Location

June 30, 2025

June 30, 2025

A Nordstrom spokesperson explained the closure as a strategic realignment Nordstrom confirmed its decision to close its Santa Monica store...