Mixed-Use
Promenade Gateway

1453 Third Street Promenade, Santa Monica, CA

A true mixed-use building, Promenade Gateway, also known as Janss Court, is located on the world famous Third Street Promenade in Santa Monica. It's one of Southern California's premier retail and entertainment destinations, where shopping, dining, theaters and live street performers draw thousands of pedestrians daily.

The building's ground floor features restaurants, retail space and a multiplex movie theater. Its 3 floors of office space are topped with 3 levels of luxury apartment units. The upper floors enjoy spectacular ocean views. Parking is available on 4 subterranean levels.

Designed by world-renown architect Johannes Van Tilburg, this showcase property features exterior walls of granite, tan and red bricks, as well as distinctive parapets, awnings and bay windows, all inspired by the seaside ambiance of Santa Monica. A short walk from the beach, its location and unique design make it among the most notable landmark buildings in the Westside marketplace.

Prior to our purchase, Promenade Gateway was an underperforming property. However, by bringing in our own expert management and leasing teams, we've achieved 100% occupancy in the retail and apartment components. We are also nearing 100% occupancy in the office space following renovations to many of the suites.
Asset Highlights
7-story mixed-use building
Office, retail, restaurant, movie theater & residential
126,000 square feet
Built in 1989
Subterranean parking with 260 spaces