SANTA MONICA, Calif., June 14, 2012 /PRNewswire/ -- Zanzibar, one of three live music venues in Santa Monica has been sold to new management with Dan Fagan of Commercial Brokers International, Inc. ("CBI") representing both Seller and Buyer. Zanzibar is a popular night club of approximately 3,400 square feet and has been in operation for over 9 years under the helm of Louie and Netty Ryan. The Ryan's were owners of two other well known Santa Monica operations, Temple Bar and Angel's, and presently own Varnish in Silver Lake and Townhouse in Venice and have built a solid reputation for Zanzibar as one of Los Angeles' premier night spots. Zanzibar is known for its cool crowd, exceptional music and comfortable amenities set in a sexy, stylish Indian/African motif. This DJ lounge and live music venue has a variety of styles and sounds and offers something for everyone.

CBI is a full service commercial real estate brokerage firm based in Los Angeles that handles retail, office, multifamily and light industrial transactions. Other Client's CBI has represented include:  Paul Mitchell Systems, JCDecaux, Lorna Jane, Rock & Republic; Cinch, The Parlor, Dakota, Retrospecs, L'Orangerie, Solutionz Videoconferencing, Inc.; Ushuaia Argentinean Steakhouse; Temple Bar; Malbec; Mizu 212; Surya India and Carl's Jr.

Contact Dan Fagan at: 
T: 310.943.8543 
F: 310.943.8540 
dfagan@cbicommercial.com 
or follow him on Twitter @Socalretail

To learn more about Commercial Brokers International, visit www.CBI-Commercial.com or call 1-310-943-8530

SOURCE Commercial Brokers International