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Banking on parking

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Next up? Rumor has it that the city of Santa Monica is currently looking into the possibility of using eminent domain to turn the Wells Fargo Bank at 1300 Fourth St. into a parking structure.

For more on Southern California commercial properties there is a great information blog at www.socalindustrial-realestateblog.com. (Jodi Summers is director of the investment division at Boardwalk Realty Santa Monica. For your real estate needs, , or call (310) 309-4219, or visit her Web site at www.santamonicalandmarks.com.)

Originally published in the Santa Monica Daily Press print edition on July 26, 2006. Read the original PDF.

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