The Swig Company announced Monday it has renewed a 17,000-square-foot lease with Provident Financial Management on the top floor of 3130 Wilshire Boulevard in Santa Monica.
Provident Financial Management provides business management services to clients including multi-platinum musical groups, songwriters, producers, touring artists, movie and television actors, writers, and high-net-worth individuals and executives.
Deron White of CBRE represented The Swig Company while Jeff Cowan of Savills Inc. represented Provident Financial Management in the lease renewal.
The Swig Company acquired the six-story, 97,000-square-foot creative office building in 2022. The property holds LEED Silver certification and has earned Fitwel One Star, WELL Healthy-Safety and ENERGY STAR ratings.
Recent extensive renovations include a complete building seismic upgrade and a remodeled main lobby and outdoor patio. The company also added a tenant lounge with gaming tables, a wellness room, mother's room and two conference rooms. The lounge can accommodate up to 91 people for larger meetings.
The improvements are designed to enhance the tenant experience and foster community within the building, according to the company.
The property is located near Interstate 405 and Interstate 10 freeways and offers parking. It sits close to Bristol Farms, Erewhon and various restaurants.
The Swig Company is a privately owned, San Francisco-based real estate operator with an 89-year history of investment, development, partnership and management of commercial real estate properties in major U.S. markets. Benjamin H. Swig founded the company in 1936.
The company's vertically integrated operational platform includes investment, asset and property management, and leasing expertise. It uses what it calls flexibility, generational thinking and sensitivity to sustainable practices to stay current with emerging trends in the commercial real estate industry.
More information is available at www.swigco.com.
Edited by SMDP Staff