CASE STUDIES

Landlord/Tenant Representation
525 Colorado Ave
Santa Monica
Carbon Five

 

ABOUT THE CLIENT

Carbon Five is a collaborative software design firm focused on helping start-ups, non-profit organizations and enterprise companies create effective products. 

PROJECT DESCRIPTION

Relocation to new Downtown Santa Monica building and space.

PROJECT SIZE

5,050 SF Stand-Alone Building

PROJECT TEAM MEMBERS

Industry Partners

 

The Deal

Industry Partners worked with software development and design firm Carbon Five to accommodate their growing business while staying in Downtown Santa Monica. After a brief search, Industry and Carbon Five zeroed in on 525 Colorado Avenue. The 5,050 SF red brick, stand-alone building was exactly what they needed. Previously the headquarters for the Culinary Workers and Bartenders Union, the property provided a unique opportunity for a company of this size to occupy a single tenant, free-standing red-brick building in the highly sought-after Downtown Santa Monica office market.  The space was custom design and built to suit for Carbon Five’s expansion needs over the next five years. Industry’s Travis Landrum and Jim Jacobsen negotiated on behalf of longtime client Carbon Five, while Industry’s Trevor Belden negotiated on behalf of longtime client and landlord Brentwood Capital Partners. 

Insights

For Carbon Five, it was important to stay in Downtown Santa Monica for its convenience and amenities, but also to be close to their employee base and pool of potential recruits. Their new space at 525 Colorado Avenue has placed them front and center to everything Santa Monica has to offer, including two new hotels on Colorado, as well as the Expo Line Station at Colorado & 4th Street.