Commercial Real Estate News

Oracle Looks to Sell Santa Monica Office Complex

Oracle’s Larry Ellison with 2600 Colorado Avenue (Loopnet, Getty) Oracle, the Austin-based software firm run by billionaire Larry Ellison, has put an office campus in Santa Monica on the sales block, The Real Deal has learned. The company is looking to sell its roughly 320,000-square-foot complex at 2600 Colorado Avenue, according to Avison Young marketing materials obtained by TRD. Oracle did not...

JP Morgan Seeks Buyer for Santa Monica Office Campus

JP Morgan’s Mary Callahan Erdoes with 1620 26th St (Loopnet, Getty) J.P. Morgan Asset Management has joined the slew of investors looking to bail out of a spiraling Los Angeles office market. The firm has listed its trophy tech hub in Santa Monica. The unit of New York-based JPMorgan Chase is looking to find a buyer for its 1.4-million-square-foot Water Garden office campus at 1620 26th Street, the...

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