Tova Capital Acquires Prominent Freestanding Retail Building in Santa Monica
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Date12 Jun 2025
Los Angeles, CA (June 12, 2025) – Local real estate investment and development firm Tova Capital, Inc. in joint venture with Shopton Capital has acquired a 7,500-square-foot, free-standing retail building in downtown Santa Monica for $5.5 million. Originally developed in 1981, the single-story building sits on a 15,000-square-foot corner lot at the signalized intersection of Wilshire and Lincoln Boulevards with exposure to 50,000 drivers per day. The site offers surface parking at 2.4/1,000 and... Read More →







