The Santa Monica land lease covers 38.8 acres of land under the Santa Monica Business Park, which was developed by TDC and is now owned by an affiliate of Boston Properties.  The improvements include approximately 834,000 square feet of office, restaurant and banking space as well as over 3,000 parking spaces in the highly desirable Westside Los Angeles office market, near the intersection of Interstates 10 and 405.  Adjacent to the Santa Monica Airport.