Santa Monica airport is set to close its runway in 2028. After years of service to the community, complaints about noise and pollution have forced the closure of the airport. The runway will be immediately reduced in length and the land will eventually revert to ownership by the people of Santa Monica.

“Snapchat signed a $3M lease last year for almost 80k SF at the airport. The lease is scheduled to expire at the end of 2021.”

Read more at: https://www.bisnow.com/los-angeles/

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The Los Angeles Office Market is Good.