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Tech Company Expands in Santa Monica with 140,000-SF Lease

Boston Properties signs a lease expansion with a tech company at its 1.2 million-square-foot property in Santa Monica.

Boston Properties has signed a 140,000-square-foot lease expansion with an unnamed tech company at Santa Monica Business Park, a 1.2 million-square-foot office campus at 3100 Ocean Park Blvd.

The lease is a symbol of the viability of the Santa Monica office market, which has seen a dramatic decrease in leasing activity during the pandemic. Jonathan Lange, SVP of the Los Angeles Region at Boston Properties, said the market is still attractive for creative companies and creative talent. The property has a roster of high-profile tech and entertainment tenants.

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Kelsi Maree Borland

Kelsi Maree Borland

Kelsi Maree Borland is a freelance journalist and magazine writer based in Los Angeles, California. For more than 5 years, she has extensively reported on the commercial real estate industry, covering major deals across all commercial asset classes, investment strategy and capital markets trends, market commentary, economic trends and new technologies disrupting and revolutionizing the industry. Her work appears daily on GlobeSt.com and regularly in Real Estate Forum Magazine. As a magazine writer, she covers lifestyle and travel trends. Her work has appeared in Angeleno, Los Angeles Magazine, Travel and Leisure and more.

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