Marina View Story
Marina View was acquired by Kennedy Wilson in December 2012. The property consists of a six-story 60,918 rentable square foot (RSF) office building and a single story 14,774 RSF retail building, cumulatively totaling 75,692 RSF. The property also includes two stories of structured parking, some of which rests atop the retail building, and occupies a prime location in the heart of Marina del Rey, along central arterial Lincoln Boulevard (Highway 1, aka “Pacific Coast Highway”).
Marina View provides optimal north and south facing building top signage, providing superb exposure to the 75,000 cars that pass the building daily. The property’s west facing views are unobstructed and provide direct sight of the Pacific Ocean and the Marina del Rey harbor, which, with facilities for more than 5,000 vessels, is the largest man made harbor in the world. The property’s views to the south face the Ballona Wetlands, a 600 acre nature preserve owned and protected by the State of California. These inherent physical features, coupled with the extremely prohibitive development policies prevalent in Los Angeles’ Westside, provide maximum assurance that these views will go unobstructed in perpetuity, as well as strongly inhibiting competitive future development.
