Five Santa Monica Office Buildings Sell for $90 Million

When PMI Properties helped invent the Los Angeles creative office business back in the mid-1990s, there was no institutional investment in creative office.  The institutions thought creative office was a fad and didn’t really understand the business.  Now Lionstone Group owns more than a million square feet of creative office space.  Hudson, Kilroy, Alcion, Divco, and many others are now buyers and developers of creative office spaces.

PMI has it’s share of tech, new media and production companies residing at our creative offices and we are rapidly expanding and accepting more tenants month by month.  To see the variety and scope of our tenants, click here.

The LA Times article here expands more on the creative office space boom.

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