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Santa Monica Retail Rebound: XYZ.rent Leads Investment

Santa Monica Retail Rebound: XYZ.rent Leads Investment

Venice Beach News Today | 2 Min News | The Daily News Now! · The Daily News Now!

March 11, 20261m 21s

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Show Notes

Retail real estate in Santa Monica is rebounding, with vacancy rates dropping and investment surging. Entrepreneur Daniel Negaris firm, XYZ.rent, has made significant purchases, including the Junipher Building on the Third Street Promenade. Negari believes the districts future lies in experience-driven businesses like restaurants and entertainment, rather than traditional retail.

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