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Silicon Valley Bank Buyer Snaps up Santa Monica, California, Office Building

First Citizens Bank Buys Property Near Pacific Ocean
The roughly 77,000-square-foot 1540 Second St. office property in Santa Monica, California, has sold. (CoStar)
The roughly 77,000-square-foot 1540 Second St. office property in Santa Monica, California, has sold. (CoStar)
CoStar News
January 5, 2024 | 10:47 P.M.

A Raleigh, North Carolina, financial institution that bought troubled Silicon Valley Bank in 2023 is scooping up something else in California: an office property.

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