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04/13/2022

Santa Monica Place welcomes small and local businesses with short-term leases

Al Urbanski
Real Estate Editor & Manager
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Santa Monica Place
Small and local businesses can now rent short-term space alongside Nordstrom, Tesla, and Tiffany near the famed Santa Monica Pier.

More than five million people in the United States applied for new business licenses in the transformational year of 2021, and one California mall is doing its part to get a few of them up and running.

Santa Monica Place, the luxury mall located next to the highly trafficked Santa Monica Pier, has signed up for Macerich’s QuikSpace program, a digital platform that offers one-click execution to local and small businesses wishing to step up into the big time. QuikSpace allows shops to rent space from one day to 12 months and offers them tools for managing accounts, making payments, renewing leases, renting storage space, and more.

”We aim to simplify every aspect of short-term leasing to provide prospective tenants with a frictionless experience that’s accessible whenever a growing business is ready,” said Santa Monica Places GM Stephanie Eglin. “Retailers now have a 24/7/365 avenue to explore their options for finding the perfect space at our high-traffic property.”

For Macerich properties, QuikSpace drives short-term leasing of kiosks, carts, pop-ups, temporary inline stores and specialty retail uses like storage. Santa Monica Place is offering up 15 spaces totalling 5,436 sq. ft. -- some near the Nordstrom anchor on the first level and others along the central avenue of the outdoor mall on the second level.

Would-be short-term tenants can view videos of the interiors and exteriors of available spaces on Santa Monica Place’s website.

Other tenants of the center include Coach, Cheesecake Factory, Hugo Boss, Lous Vuitton, Truefood Kitchen, Nordstrom, Tesla, and Tiffany.