Santa Monica, CA —Matthews Real Estate Investment Services™, a commercial real estate investment services and technology firm, completed the lease of 1641 Lincoln Boulevard, Santa Monica, CA, within the Lincoln Collection development. Matthews™ Associate Alec Torgan and FVP and National Director Michael Pakravan represented Cypress Equities, a prominent landlord in Santa Monica, in the transaction.
The 5,514 square-foot space was leased by Milano Nail Spa, represented by Daniel Tran from PR Associates Commercial. The nail spa currently owns 85 locations in Texas, Arizona, Colorado, Florida, and California. While they already have a presence in Southern California with their Huntington Beach location, this is Milano Nail Spa’s first location in Santa Monica.
“Being local experts in the area with a strong track record enabled us to share insight with the tenant about the exciting activity transforming Lincoln Boulevard and the opportunity Lincoln Collection offered their business,” Torgan said.
Matthews™ is the exclusive leasing representative for Lincoln Collection. The property is surrounded by local eateries such as Bay Cities Italian Deli & Bakery and Bodega and the currently under construction Vons mixed-use development. An ideal location for specialty grocers, restaurants, fitness, and service tenants, the Lincoln Collection currently has 19,000 square feet of ground retail available for lease.
“This deal was quick and efficient, closing in approximately two months,” Pakravan said. “We are excited to place another incredible tenant on Lincoln Boulevard and look forward to continuing to develop the neighborhood and community through retail amenities.”
For more information or to contact a Matthews™ specialized agent, please visit www.matthews.com.
Matthews Real Estate Investment Services™, a commercial real estate investment services and technology firm, holds recognition as an industry leader in investment sales, leasing, and debt and structured finance. Based out of Nashville, TN, and strategically positioned with over 600 agents and support staff in 22+ offices across the United States, Matthews™ continues to focus on expansion into new markets. For more information, please visit www.matthews.com.
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