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900 Gayley

Colliers and Beitler are pleased to present the opportunity to acquire the fee-simple or condominium interest in 900 Gayley Avenue (the “Property”), a newly constructed mixed-use building offering premier medical office and retail space in the heart of the Westwood submarket of Los Angeles. The four-story building totals 47,270-square-feet and contains a three-story subterranean parking garage. The Property presents the rare opportunity for an investor or owner/user to acquire the highest-quality Class A space asset in the area.&lt;br /&gt;&lt;br /&gt;Located directly across the street from the nationally recognized Ronald Reagan UCLA Medical Center, Mattel Children’s Hospital, Resnick Neuropsychiatric Hospital, and UCLA’s STEM campus, the Property has embedded medical demand. Due to its on-campus location, investors are presented with the opportunity to lease the building or proceed with the condominium map to sell individual condos to the deep, established medical community. Owner/users are presented with a once-in-a lifetime opportunity to own an irreplaceable condo in an on-campus medical office building adjacent to California’s #1 ranked hospital at a discount to their projected leasing costs.&lt;br /&gt;&lt;br /&gt;900 Gayley’s flexible floor plans, heavy power, and specialized HVAC system can accommodate all types of medical uses ranging from urgent cares to surgical centers. The property also offers modern amenities like bicycle parking and outdoor terraces that align with tenant demand.&lt;br /&gt;&lt;br /&gt;900 Gayley presents an unrivaled opportunity to acquire brand-new, well-positioned medical office space in one of the most desirable medical submarkets in the country.

900 Gayley Los Angeles, CA 90024

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Sean Fulp

Mark Schuessler

Todd Tydlaska

Andrey Mindirgasov

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Eric Longo

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Test Insight 78

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Unlocking Housing Near Transit: Impacts of California Senate Bill 79

California Senate Bill 79, the Abundant and Affordable Homes Near Transit Act, introduces a statewide zoning framework that enables mid-rise residential development near major transit stops. The legislation establishes clear, tiered standards for height, density, and floor area ratios, while overriding restrictive local limits within designated transit areas. SB 79 is designed to align housing growth with existing infrastructure, reduce car dependence, and expand supply in high-opportunity neighborhoods. By standardizing entitlements across qualifying corridors, the law provides developers and investors with greater clarity, predictability, and the potential for value creation around transit-oriented locations. This insight report examines the statewide framework created under SB 79 and its implications for entitlement, feasibility, and investment. Featuring Los Angeles as a case study, the report illustrates how local implementation could reshape land use patterns along key Metro corridors, including the B, D, A, E, and K lines. As the policy takes effect in mid-2026, SB 79 is expected to drive renewed interest in infill development, strengthen collaboration between cities and transit agencies, and advance the next generation of sustainable, transit-connected communities across California.

Flight to the Future - Reimagining the Santa Monica Airport

The upcoming closure of the Santa Monica Airport marks a once-in-a-generation opportunity to reshape the city&rsquo;s west side and deliver lasting benefits for the broader community. With over 220 acres set to be re-purposed as public parkland, the transformation has the potential to redefine the Ocean Park neighborhood&mdash;introducing expansive green space, new recreational amenities, and pedestrian-friendly connections where runways once stood. For nearby residents and the surrounding office and creative business districts, the new parkland promises not only a major environmental upgrade but also a powerful amenity that enhances quality of life, supports healthier lifestyles, and helps attract and retain talent in Santa Monica&rsquo;s evolving economic landscape.

Signs of Stabilization: Los Angeles Office Market Mid-2025

The Greater Los Angeles office market posted mixed results in Q2 2025, with leasing activity holding steady at 7.0 million square feet year-to-date&mdash;mirroring the first half of 2024&mdash;but overall vacancy rising slightly to 24.4% Finance, legal, and healthcare tenants drove demand, while technology, media, and entertainment remained cautious in committing to long-term space strategies. Sublease availability fell to 4.2%, its lowest level in three years, signaling that much of the excess pandemic-era space has been absorbed Average asking rents increased 1.8% year-over-year to $3.92 per square foot per month, with Class A space commanding $4.22. Roughly 2.3 million square feet remain under construction, concentrated in West Los Angeles and Hollywood, with most completions expected by year-end 2026. Performance varied widely by submarket. Century City continued to lead West Los Angeles leasing, accounting for 27% of activity and achieving 5.2% annual rent growth. Downtown Los Angeles struggled with a 29.7% availability rate, while Hollywood/Mid-Wilshire reached a record 30.2% due to media consolidation. The Tri-Cities market posted modest rent gains but faced the region&rsquo;s highest sublease rate at 5.2%. In contrast, San Gabriel Valley saw availability drop to 11% on strong healthcare and government demand, and the San Fernando Valley recorded leasing growth led by finance and healthcare tenants. Overall, the market shows early signs of stabilization, but recovery remains uneven. Location, building quality, and tenant mix will continue to define performance across Los Angeles office markets through the next 18 months.

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