What Sherman Oaks Galleria does

Sherman Oaks Galleria is a mixed-use open-air lifestyle center located at the interchange of the 101 Ventura and 405/San Diego freeways in Sherman Oaks, California — described as one of the nation's busiest intersections. The property comprises approximately 750,000 square feet of Class-A office space distributed across four buildings (Comerica Bank Building C, Courtyard Office Building D, Garden Office Building B, and Atrium Building E) alongside a 250,000 square-foot retail and entertainment complex, totaling roughly 1,002,858 square feet. It has been owned, operated, and managed by Douglas Emmett Inc. (NYSE: DEI), a publicly-traded REIT specializing in premium West Coast office and retail, for over 30 years; the property is a TOBY (The Outstanding Building of the Year) Award recipient from BOMA and was founded around 1990, with Katherine Watson-Fry serving as on-site General Manager.

Revenue is generated through three primary streams: commercial leasing of office and retail space to corporate tenants and consumer-facing brands on recurring bases (typically triple-net or modified-gross), paid parking ($3.00 per 15 minutes before 4pm weekdays, $5.00 flat after 4pm and weekends, with tenant-validated discounts), and ancillary services including the free Galleria Gold loyalty program and a Tesla Supercharger Station on the third floor of the parking structure. The curated tenant mix spans national dining brands (The Cheesecake Factory, P.F. Chang's China Bistro, Buffalo Wild Wings, Ben & Jerry's, Robeks Juice, Hana Grill, Almost Famous), fitness (24 Hour Fitness), wellness (Burke Williams Spa, Rejuve Clinic, Dent-All by Dr. Z), education (Paul Mitchell The School), personal services (Prella Nail + Beauty Bar), entertainment (16-screen Regal Cinemas with Regal Unlimited subscription and 4-hour parking validation), specialty retail (King David Bespoke Suits, Max Car Wash), and recreation (Adams's Garden).

The Galleria serves two principal customer segments: corporate office tenants seeking Class-A space with high-visibility freeway access and on-site amenities to recruit and retain staff, and consumers/diners/moviegoers seeking an open-air alternative to traditional enclosed malls combining shopping, dining, entertainment, and wellness in a single destination. Distribution is exclusively physical — tenants operate independent brick-and-mortar storefronts on-site and the property has no e-commerce channel; the digital presence (website, email newsletter, Eventbrite, Instagram, Google Maps listing) functions purely as a marketing and information hub. Marketing efforts center on the Galleria Gold email program, recurring in-mall events and happy hour partnerships with restaurant tenants, and local SEO visibility.

Name

Sherman Oaks Galleria

Legal name

Douglas Emmett Inc.

Website

https://shermanoaksgalleria.com

Company type

Private

Founded year

1990

Operating status

Operating

Short description

Sherman Oaks Galleria is a 1,002,858 sq ft mixed-use open-air lifestyle center in Sherman Oaks, California, owned by Douglas Emmett Inc. (NYSE: DEI), combining 750,000 sq ft of Class-A office space with a 250,000 sq ft retail, dining, and entertainment complex.

Ownership category

akta.pro rank

Headquarters

HQ city

Sherman Oaks

HQ country

United States

HQ region

North America

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Personnel, Infrastructure, Marketing or Sales, Others

Revenue model

1. Office Space Leasing: The Galleria leases approximately 750,000 square feet of Class-A office space across four buildings (Comerica Bank Building C, Courtyard Office Building D, Garden Office Building B, Atrium Building E) to corporate tenants. Office tenants and their employees also generate foot traffic for retail and dining tenants.
2. Retail Tenant Leasing: The property generates revenue by leasing retail storefront space to tenants across categories including dining (restaurants, ice cream, juice), fitness (24 Hour Fitness), wellness (Burke Williams Spa, Rejuve Clinic, Dent-All by Dr. Z), entertainment (Regal Cinemas), personal services (Paul Mitchell, Prella Nail + Beauty Bar), and retail shops. Tenants pay rent, typically on a triple-net or modified gross basis.
3. Parking Fees: The Galleria charges parking fees: $3.00 per 15 minutes (max $12/hr, $30/day) for vehicles entering before 4pm on weekdays; $5.00 flat rate after 4pm and on weekends. Tenants validate tickets (2 hours from retailers, 4 hours from Regal), after which the flat rate applies. Tesla Superchargers on the 3rd floor also generate revenue (Tesla rates apply).
4. Galleria Gold Loyalty Program: A loyalty/membership program offering registered members early access to deals and promotions. While the program itself may not directly generate revenue, it drives tenant sales and strengthens the mall's competitive positioning as a lifestyle destination.

Pricing tiers

Go-to-market motion1 record

Distribution channels5 records

Marketing channels6 records

Core offering

Sherman Oaks Galleria is a 1,002,858-square-foot mixed-use open-air lifestyle center that leases approximately 750,000 square feet of Class-A office space across four buildings (Comerica Bank Building C, Courtyard Office Building D, Garden Office Building B, Atrium Building E) to corporate tenants and leases approximately 250,000 square feet of retail and entertainment space to a curated mix of national-brand and local tenants across dining, fitness, wellness, entertainment, personal services, and retail categories. The property also operates paid parking, the Galleria Gold loyalty program, and event programming that drives consumer foot traffic to support its tenants.

Product overview

Sherman Oaks Galleria is a 750,000 square foot open-air lifestyle center (TOBY Award winner) located at the intersection of the 101 Ventura and 405/San Diego freeways. The property features a retail shopping district (including King David Bespoke Suits, 4 Your Convenience), Restaurant Row with upscale dining (The Cheesecake Factory, P.F. Chang's, Buffalo Wild Wings), casual dining (Almost Famous, Hana Grill, Robeks Juice, Ben & Jerry's), wellness and fitness services (24 Hour Fitness, Burke Williams Spa, Rejuve Clinic, Dent-All By Dr. Z, Paul Mitchell The School, Prella Nail + Beauty Bar), entertainment (16-screen Regal Cinemas), children's recreation (Adams's Garden), auto services (Max Car Wash), and 1,002,858 square feet of Class-A office space across four buildings. The Galleria Gold loyalty program provides deals and event access to members.

Differentiator

Problem solved

Functional benefit

Products and services

• Class-A Office Space Leasing Class-A office space totaling 750,000 square feet across four buildings (Comerica Bank Building C, Courtyard Office Building D, Garden Office Building B, Atrium Building E), leased directly to corporate tenants through the Douglas Emmett leasing team. Targeted at professional services, financial services, technology, and other office-using businesses seeking a prestigious address at one of the nation's busiest freeway interchanges with on-site lifestyle amenities.
• Retail and Entertainment Space Leasing Approximately 250,000 square feet of retail and entertainment space leased to a curated mix of national brands and local tenants across dining, fitness, wellness, entertainment, personal services, and retail categories. Tenants pay rent, typically on a triple-net or modified gross basis. Leasing is handled by Douglas Emmett's retail leasing contact.
• Paid Parking Services Paid parking with five entry points across the property. Weekday daytime rate (before 4pm): $3.00 per 15 minutes, capped at $12.00 per hour and $30.00 daily, requiring validation from a merchant (2-hour retailer validation, 4-hour Regal validation with movie ticket purchase) before the $5.00 maximum applies. Weekday evening (after 4pm) and weekend flat rate: $5.00. Valet service available (when in operation).
• Galleria Gold Loyalty Program Free loyalty/membership program offering registered members early access to deals and promotions at Sherman Oaks Galleria tenants. Membership sign-up is available on the official website and drives tenant sales and customer engagement with the lifestyle center.
• Event Programming and Hospitality Seasonal and community event programming — including events like 'Spring Into Summer' promoted via Eventbrite — combined with regular happy hour programs at restaurant tenants (Buffalo Wild Wings, The Cheesecake Factory, P.F. Chang's). Drives foot traffic and supports tenant sales.
• Tesla Supercharger Station Electric vehicle charging station located on the 3rd floor of the parking structure, providing Tesla Supercharger access to visitors and standard parking rates apply alongside Tesla's charging rates.

Quantifiable outcome

• Over 1 million square feet of combined Class-A office and retail/entertainment space (1,002,858 sq ft total)
• +1 more outcomes

Named customers17 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• Douglas EmmettcoreOthersDouglas Emmett, Inc. is the owner, operator, and property manager of Sherman Oaks Galleria. The company controls, operates, and leases the 1,002,858 sq ft mixed-use property. Douglas Emmett handles all office and retail leasing, property management, and the property's digital presence (website, privacy policy, terms of service all reference Douglas Emmett). The company is a major publicly-traded REIT (NYSE: DEM) specializing in high-quality office and retail properties in prime submarkets of Hawaii and the Western U.S.

Scale indicators7 records

Recent moves5 records

Expansion highlights5 records

Direct peers

• The Grove: Iconic open-air lifestyle center in Los Angeles operated by Caruso. Comparable as a high-end mixed-use retail/dining/entertainment destination with a curated tenant mix, complimentary parking model, and strong experiential positioning.
• Westfield Century City: Class-A open-air mixed-use center in West LA with luxury retail, dining, and office tenants. Comparable as a premium LA lifestyle center competing for the same affluent shopper demographic as Sherman Oaks Galleria.
• Westfield Topanga: Major open-air shopping center located in the San Fernando Valley (Canoga Park), featuring retail, dining, entertainment, and adjacent office space. Direct regional competitor for both office tenants and consumer foot traffic.
• Americana at Brand: Caruso's flagship open-air lifestyle center in Glendale, CA, combining retail, dining, entertainment, and residential. Highly comparable in concept (open-air, mixed-use, daily-essentials-plus-entertainment) and competitive set for the LA market.

Broad incumbents

• The Macerich Company: Public REIT (NYSE: MAC) that owns and operates major regional malls in California including Santa Monica Place, Victoria Gardens, and The Oaks. Comparable as a SoCal-based mall REIT investing in similar Class-A retail real estate.
• Simon Property Group: Largest U.S. mall REIT (NYSE: SPG), with significant California holdings and operational scale in retail real estate. Comparable as a benchmark for retail real estate valuation, leasing execution, and tenant relationships.
• Unibail-Rodamco-Westfield: Global operator of flagship 'Westfield' branded shopping destinations including Westfield Century City and Westfield Topanga in LA. Comparable as the operator of directly competing centers in Sherman Oaks Galleria's primary trade area.
• Douglas Emmett, Inc. Public REIT (NYSE: DEI) and the parent/operator of Sherman Oaks Galleria. Comparable as a Class-A office and multifamily REIT in premier LA and Honolulu submarkets, with many sister properties serving the same office-tenant base.
• Beverly Center: Major Los Angeles shopping mall owned by Taubman and Macerich, serving a similar affluent LA demographic. Comparable as a larger traditional retail/entertainment destination in the same metro, though enclosed rather than open-air.
• Brookfield Properties: Major commercial real estate operator with significant retail and mixed-use holdings in LA. Comparable as a large-scale operator of premier lifestyle and mixed-use centers in the same market.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• Xx.com/SOGalleria

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Sherman Oaks Galleria