We have another market update for Santa Monica Commercial Real Estate - Santa Monica retail stores continue to be strong with low cap rates and average prices/sf above $1,150.

Rent growth is at 1.5% with only 15,000 sf of new retail #construction to be delivered in the next 4 quarters.

Hannah Market UpdateCommercial Brokers InternationalMay 6, 2019santa monica, commercial real estate, market update, retail destinatino, rent growth, retail stores, low cap reats, low cap rates, average prices, sf, square feetComment

COMMERCIAL BROKERS INTERNATIONAL