for sublease snap venice portfolio€¦ · brochure 723 ocean front walk ±6,952 leased 901 abbot...
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FOR SUBLEASESNAP VENICE PORTFOLIO
INDUSTRY PARTNERST 310 395 [email protected] CA BRE NO. 01900833
ANDREW JENNISONT 310 395 [email protected] CA BRE NO. 01275687
JLLT 310 595 3660CA BRE NO. 01856260
BLAKE SEARLEST 310 595 [email protected] BRE NO. 01514932
industrypartners.com jll.com
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CONTACT
4082 Del Rey AveLEASED
619 & 701 Ocean Front Walk±44,887 RSF
523 Ocean Front WalkLEASED
723 Ocean Front WalkLEASED
517 Ocean Front Walk±11,614 RSF
11 & 15 Brooks Ave±12,474 RSF
8 Brooks Ave±1,100 RSF + 5,000 SF Deck
901 Abbot Kinney Blvd±14,275 RSF
910 Abbot Kinney Blvd±11,145 RSF
920 Abbot Kinney Blvd±2,800 RSF
1600 Main StLEASED
80 Windward AveLEASED
41 Market StLEASED
1401 Main St±5,150 RSF
909-913 Ocean Front Walk±29,596 RSF
The result is a remarkable opportunity to sublease in a neighborhood that is considered the heart of Silicon Beach.
The available creative office space represents some of the best in a market with limited availability and high desirability
Snap Inc is subleasing a portion of its Venice offices totaling ±163,000 SF
The space is focused around Abbot Kinney Blvd and Ocean Front Walk, and is surrounded by the very best amenities and other creative office tenants
2INDUSTRY PARTNERS | T 310 395 5151 | CA BRE LIC NO. 01900833JLL | T 310 595 3660 | CA BRE LIC NO. 01856260
THE SNAP SUBLEASE PORTFOLIO
VENICEOVERVIEW
ADDRESS AVAILABLE SF
619 & 701 Ocean Front Walk ±23,096 DOWNLOAD BROCHURE
523 Ocean Front Walk — LEASED
517 Ocean Front Walk ±11,614 DOWNLOAD BROCHURE
909-913 Ocean Front Walk ±29,596 DOWNLOAD BROCHURE
723 Ocean Front Walk ±6,952 LEASED
901 Abbot Kinney ±14,275 DOWNLOAD BROCHURE
910 Abbot Kinney ±11,145 DOWNLOAD BROCHURE
920 Abbot Kinney ±2,800 DOWNLOAD BROCHURE
11 Brooks Ave ±12,474 DOWNLOAD BROCHURE
15 Brooks Ave ±5,526 DOWNLOAD BROCHURE
8 Brooks Ave ±1,100 DOWNLOAD BROCHURE
1401 Main Street ±5,150 DOWNLOAD BROCHURE
1600 Main Street — LEASED
80 Windward — LEASED
41 Market Street — LEASED
4082 Del Rey Ave — LEASED
Total Available SF ±123,728
LEASED
LEASED
LEASED
LEASED
LEASED LEASED
619-701 OCEAN FW619-701 OCEAN FW 523 OCEAN FW523 OCEAN FW 517 OCEAN FW517 OCEAN FW 909-913 OCEAN FW909-913 OCEAN FW
723 OCEAN FW723 OCEAN FW 901 ABBOT KINNEY 901 ABBOT KINNEY 910 ABBOT KINNEY910 ABBOT KINNEY 920 ABBOT KINNEY920 ABBOT KINNEY
11 BROOKS AVE11 BROOKS AVE 15 BROOKS AVE15 BROOKS AVE 8 BROOKS AVE8 BROOKS AVE 1401 MAIN ST1401 MAIN ST
1600 MAIN ST1600 MAIN ST80 WINDWARD AVE80 WINDWARD AVE41 MARKET ST41 MARKET ST 4082 DEL REY AVE4082 DEL REY AVE3
INDUSTRY PARTNERS | T 310 395 5151 | CA BRE LIC NO. 01900833JLL | T 310 595 3660 | CA BRE LIC NO. 01856260
THE SNAP SUBLEASE PORTFOLIO
VENICEOVERVIEW
4INDUSTRY PARTNERS | T 310 395 5151 | CA BRE LIC NO. 01900833JLL | T 310 595 3660 | CA BRE LIC NO. 01856260
THE SNAP SUBLEASE PORTFOLIO
VENICEOVERVIEW
Venice is one of LA’s most desirable places to live and work because of its access to the beach, world-class retail, unique bohemian culture, dining, rich history, architecture, and a local economy strengthened by leading innovators.
The neighborhood is best known for its off-beat, art-driven culture often characterized by the funkiness and sideshow-like energy of the Venice Boardwalk. Founded in 1904, ‘the Venice of America’ came to nurture a community of artists, including classic LA icon Ed Ruscha—whose original Venice studio is pictured here. Today, Venice continues to be a juncture for artists and creatives alike.
Abbot Kinney Blvd is at the very heart of the Venice community. The stretch is a pleasant walk dotted by exceptional retail and some of the westside’s best eateries including Gjelina and the Tasting Kitchen. Just to the north of Abbot Kinney Blvd is Rose Avenue with its own collection of retail and restaurants
ABOUT VENICE
ROOTED IN ECLECTICISM, ‘FUNK’ AND ART
INSPIRED DINING AND RETAIL
5INDUSTRY PARTNERS | T 310 395 5151 | CA BRE LIC NO. 01900833JLL | T 310 595 3660 | CA BRE LIC NO. 01856260
THE SNAP SUBLEASE PORTFOLIO
VENICENEIGHBORHOOD HIGHLIGHTS
Housing Units
6,7422017
Educational Attainment
68%with college or higher degree
Food Away From Home
$28.7 Million2017 yearly consumer spending
Entertainment & Recreation
$24.8 Million2017 yearly consumer spending
Apparel & Services
$18.9 Million2017 yearly consumer spending
Daytime Population
9,62260% workers/visitors40% residents
Median Home Value
$1,000,000+2017
Average Household Income
$110,44238% earn more than $100k
Source: ESRI, 2017
+ Silicon Beach A vibrant community of tech and creative
companies situated in an urban, beachside
setting.
+ Abundant and diverse dining drinking options From Blue Bottle to Intelligentsia, Lemonade to
Tasting Kitchen, Venice and Abbot Kinney Blvd
have the very best options.
+ Walkable and bikeable With a Walk Score™ of 95/100 and a bike score
of 96/100, daily errands can be accomplished
without a care.
+ The Beach Whether you want to bask in the eclecticism that
is the Venice Boardwalk, catch some waves, or
lounge on the sand, the beach is within arms
reach.
+ Strong demographics Average household income is well above the
$100,000’s and nearly 70% of people have college
degrees or higher.
0.5 mile radius | Source: ESRI 2017
6INDUSTRY PARTNERS | T 310 395 5151 | CA BRE LIC NO. 01900833JLL | T 310 595 3660 | CA BRE LIC NO. 01856260
Trendsetters
Trendsetters residents live life to its full potential. These educated young singles aren’t ready to settle down; they do not own homes or vehicles and choose to spend their disposable income on upscale city living and entertainment.Dressed head to toe in the most current fashions, their week nights and weekends are filled discovering local art and culture, dining out, or exploring new hobbies.
Laptops and Lattes
Laptops and Lattes residents are predominantly single, well-educated professionals in business, fi nance, legal, computer, and entertainment occupations. They are affluent and partial to city living—and its amenities. Neighborhoods are densely populated, primarily located in the cities of large metropolitan areas. Many residents walk, bike, or use public transportation to get to work; a number work from home.
Metro Renters
Residents in this highly mobile and educated market live alone or with a roommate in older apartment buildings and condos located in the urban core of the city. This is one of the fastest growing segments; the popularity of urban life continues to increase for consumers in their late twenties and thirties. Metro Renters residents income is close to the US average, but they spend a large portion of their wages on rent, clothes, and the latest technology.
Source: ESRI, 2017
THE SNAP SUBLEASE PORTFOLIO
VENICEGENERAL AREA DEMOGRAPHIC PROFILES
Tasting Kitchen
In-N-Out Burger
Superba Food + Bread
Deus Ex Machina
GjelinaFormer Site of Ed Ruscha Studio
Hal’s BarBlue Bottle
Intelligentsia
Aviator Nation
Muscle Beach
Studio 24
Waterside MDR
Rose Cafe
Gjusta
The Brig
Brennan’s
Villa Marina Marketplace Mall
VENICE
THE VENICE CANALS
VENICE BEACH
ABBOT KINNEY
MARINADEL REY
FOOD
COFFEE
BAR
RETAIL
FITNESS
ART INTEREST
SNAP SUBLEASEPORTFOLIO
7INDUSTRY PARTNERS | T 310 395 5151 | CA BRE LIC NO. 01900833JLL | T 310 595 3660 | CA BRE LIC NO. 01856260
THE SNAP SUBLEASE PORTFOLIO
VENICEAMENITIES
517 Ocean Front Walk
523 Ocean Front Walk
619-701 Ocean Front Walk
723 Ocean Front Walk
15 & 11 Brooks Ave
8 Brooks Ave
909-913 Ocean Front Walk
910 Abbot Kinney Blvd 920 Abbot Kinney Blvd
920 Abbot Kinney Blvd
1401 Main St
1600 Main St
80 Windward Ave
41 Market St
901 Abbot Kinney Blvd
Around Abbot Kinney Blvd, Main Street, and Ocean Front Walk, many of the assets in the Snap Sublease Portfolio are within a 5 to 10 minute walk.
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8INDUSTRY PARTNERS | T 310 395 5151 | CA BRE LIC NO. 01900833JLL | T 310 595 3660 | CA BRE LIC NO. 01856260
THE SNAP SUBLEASE PORTFOLIO
VENICE5 MINUTE RADIUS WALK
Vice MediaVice Media
WhisperWhisper
Paper Scissors Rock Paper Scissors Rock
Ripbang StudiosRipbang Studios
Cold OpenCold OpenMarket St ProductionsMarket St Productions
PSYOPPSYOPWeTransferWeTransfer
Prologue FilmsPrologue Films
Splash NewsSplash News
Backyard ProductionsBackyard Productions
Full Disclosure NetworkFull Disclosure Network
ZEFRZEFRAxisAxis
Media MonksMedia MonksInMarket.comInMarket.com
Fabric MediaFabric Media
Active TheoryActive Theory
Movie PilotMovie Pilot
EnerveeEnerveeThreshold InteractiveThreshold Interactive
Studio UStudio U
Knock KnockKnock KnockHenriksen & Assoc.Henriksen & Assoc.
World Wide MindWorld Wide Mind
The Branding FarmThe Branding Farm
BuzzfeedBuzzfeed
GoogleGoogle
Tricon MediaTricon Media
SNAP SUBLEASEPORTFOLIO
No warranty or representation is made to the accuracy of the foregoing information. Terms of sale or lease are subject to change
or withdrawal without notice. ©2018 INDUSTRY PARTNERS, INC.
9INDUSTRY PARTNERS | T 310 395 5151 | CA BRE LIC NO. 01900833JLL | T 310 595 3660 | CA BRE LIC NO. 01856260
THE SNAP SUBLEASE PORTFOLIO
VENICENOTABLE CREATIVE TENANTS IN THE NEIGHBORHOOD