August 5, 2025 Breaking News, Latest News, and Videos

Google’s Iconic Binoculars Building in Venice is Up For Sale: REPORT

Google, which has occupied the property since 2011, remains under a triple-net lease that runs through October 2030

The Binoculars Building, a Frank Gehry-designed landmark occupied by Google in Venice Beach, has hit the market, according to The Real Deal.

Real estate investment trust W.P. Carey has listed the 78,578-square-foot office property at 340 Main Street with brokerage CBRE, though no asking price has been disclosed. The sale comes as part of W.P. Carey’s broader move to spin off 59 of its office assets into a separate REIT, Net Lease Office Properties, a process announced in late 2023, according to The Real Deal.

CBRE’s Todd Tydlaska told Commercial Observer that the building has already attracted strong interest. “This listing is a good example of what capital wants in the market right now—great locations, high-profile assets with credit tenants at attractive price bases,” he said in a statement.

Google, which has occupied the property since 2011, remains under a triple-net lease that runs through October 2030, per The Real Deal. The company has made significant investments in the area, with additional offices in “Silicon Beach,” including the 450,000-square-foot Spruce Goose hangar conversion and space in The Bluffs corporate park. However, the tech giant has also scaled back some of its L.A. real estate holdings, backing out of a planned 500,000-square-foot redevelopment at the former Westside Pavilion mall in early 2023, according to Commercial Observer.

Originally built in 1991 for advertising firm TBWA/Chiat/Day, the Binoculars Building is best known for its 44-foot-tall binocular sculpture at its entrance. Created by artists Claes Oldenburg and Coosje van Bruggen, the installation also serves as an entryway to the parking garage. W.P. Carey purchased the property in 1995 for $18.3 million.

The sale reflects broader shifts in L.A.’s office market, where major landlords have been offloading properties amid changing demand. In October, a joint venture between Strategic Value Partners and Lincoln Property Group paid $187.5 million for The Bluffs, another office complex leased to Google, per Commercial Observer.

<>Related Posts

Elvis Meets Oedipus at the Getty Villa in Fall Premiere of Oedipus the King, Mama!

August 4, 2025

August 4, 2025

Getty Villa Stages Rock-Fueled Oedipus Satire Under the Stars The Getty Villa Museum will bring the myth of Oedipus to...

Retail and Dining Could be Coming to RAND’s Santa Monica Headquarters

August 4, 2025

August 4, 2025

The changes aim to revitalize the underutilized property, which has seen reduced occupancy due to post-pandemic hybrid work trends The...

(Video) Festival of Chariots Transforms Venice Beach Into a Showcase of Indian Culture

August 4, 2025

August 4, 2025

First held in Los Angeles in 1976, the festival draws inspiration from the ancient Jagannath Puri festival in India Festival...

Side-by-Side Beachfront Homes in Santa Monica  Hit Market for $23M Each

August 4, 2025

August 4, 2025

Designed with minimalist luxury, the residences showcase floor-to-ceiling glass walls and views of the Pacific Ocean Two modern beachfront homes,...

Lane Closures Set for Pacific Coast Highway This Week for Utility Work

August 3, 2025

August 3, 2025

The closure marks the third and final stage of constructing a new bridge at Corral Canyon Road, where Caltrans is...

Selling Sunset Star Close to Closing $30M Off-Market Deal for Kanye West’s Former Malibu Compound

August 3, 2025

August 3, 2025

Amanda Lynn Quietly Flips Kanye’s Abandoned Malibu Bunker Real estate agent Amanda Lynn, known for her on-screen presence in Selling...

Adult Great White Spotted Close to Shore in Santa Monica Waters

August 3, 2025

August 3, 2025

Shark Filmed Near Santa Monica Pier Just 50 Yards From Shore Rare footage of an adult great white shark swimming...

Heidi Klum’s Tropical Erewhon Smoothie Drops Just in Time for Summer

August 2, 2025

August 2, 2025

Supermodel’s Limited-Edition Drink Blends Kiwi, Coconut, and Matcha Erewhon has debuted its newest celebrity smoothie collaboration, this time with supermodel...

California Bolsters Firefighting Fleet Amid Federal Cuts

August 2, 2025

August 2, 2025

The transition, which began in 2020, equips the fleet with advanced technology, including a 1,000-gallon water capacity—nearly triple that of...

Big Blue Bus to Restore Service on Route to Palisades

August 2, 2025

August 2, 2025

The restoration is part of a broader summer service overhaul aimed at improving coverage across the Westside The Big Blue...

Fatal Crash Claims 9-Year-Old’s Life in Los Angeles

August 1, 2025

August 1, 2025

The driver of the vehicle remained at the scene and was arrested for driving under the influence A tragic traffic...

Malibu Hires New City Manager: Ronda Perez to Lead as City Eyes Recovery and Rebuilding

August 1, 2025

August 1, 2025

Veteran Public Administrator Ronda Perez Brings Nearly 20 Years of Experience to Malibu The Malibu City Council has voted unanimously...

Santa Monica Creates Film Office to Streamline Permitting and Production Services

August 1, 2025

August 1, 2025

New Agency Will Take Over From FilmLA After More Than a Decade Beginning September 1, 2025, film permit coordination in...

Santa Monica Pier Launches “PIERfect Benefit” Fundraiser Amid Recovery Efforts

August 1, 2025

August 1, 2025

The gathering will feature food, signature cocktails, live entertainment, and a program reflecting the Pier’s history and future. Proceeds will...

THIS WEEKEND: 49th Annual Festival of the Chariots to Roll Through Santa Monica and Venice

August 1, 2025

August 1, 2025

The festival site at Ocean Front Walk Plaza will transform into a lively showcase of Indian culture, expecting around 50,000...