Creative redevelopments outperform traditional Class A office in El Segundo and command an 18% rental premium. Creative El Segundo space is 35% less than similar products in Playa Vista and 54% less than Santa Monica.
Tenants such as JustFab, DaVita, Sanrio, Kite Pharma, Bandai Games, Nativo and L’Oreal have helped cement El Segundo as a destination for creativity and innovation in Los Angeles.
For more information contact Devon Parry.
Visit the JLL Los Angeles Research webpage for additional market insight.