Tag Archives: El Segundo

JLL’s El Segundo office reflects our vision for the future of workplace design

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JLL’s newest office location in El Segundo, designed by Wirt Design Group, provides a window into our company culture and reflects our vision for the future of workplace design. Elegant, yet approachable and transparent, the space is an open environment with both modern design and timeless furnishings.

The natural beauty… Read More

El Segundo establishes its position with creative tenants

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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… Read More

Creative industries account for majority of leasing demand – Los Angeles Q1 2016

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Large consolidation paves way for higher rents 
Douglas Emmett, along with QIA (Qatar Investment Authority), an 80 percent partner, purchased the four-building EOP/Blackstone-Westwood portfolio. The estimated purchase price was $1.3 billion with a 3.7 percent cap rate. The buyer, Douglas Emmett, already owned… Read More

Kristen Bowman transitions as Associate Broker joining the brokerage team of Steve Solomon and Jason Fine

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2015-Kristen-BowmanKristen Bowman has joined the El Segundo Brokerage team of Steve Solomon and Jason Fine as an associate broker. Kristen will be focused on the team’s agency listings and business development for tenant representation, investments, and agency listings.

Over the past two years as a brokerage assistant, Kristen quickly mastered her role, achieved her CA… Read More

Kite Pharma Signs 43,576 SF Office Lease at Creative Office Campus in El Segundo

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JLL complete deal with company expanding from Santa Monica

2010-McRoskey-Mike_2JLL announced today that it has completed a 43,576-square-foot lease with Kite Pharma (NYSE: KITE) for its new research and development facility at Utah Avenue Campus, a 195,680-square-foot Class A creative-style office campus in El Segundo, California.… Read More

JLL completes sale of warehouse building in El Segundo for $7.3M

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JLL represented Hoffman Associates, Inc. in the sale of a recently refurbished 39,306-square-foot industrial warehouse building in El Segundo to 291 Coral Circle Partners, LLC for $7.3 million.  The buyer plans on converting the building to a food assembly and packaging plant for his company, Chef’d.

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JLL Los… Read More

JLL’s Steve Solomon represents The Station in an off-market El Segundo creative office space deal

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JLL’s Steve Solomon, Managing Director, recently represented the $11.3 million The Station off-market transaction in El Segundo. Steve represented the buyer in the transaction and also represented the seller, along with Eric Adams and Chris Strickfaden. Steve shared his thoughts with several media sources, including the Los Angeles Business Journal:

Solomon said Montana plans to pick up where Grosbard left off, redeveloping the property into open-plan

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$97-million Elevon office complex in El Segundo featured on LA Times’ front cover

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Elevon office complex in El Segundo

The Los Angeles Times featured a cover story on $97-million Elevon office complex in El Segundo in their article ‘El Segundo developers get creative with 15-building office complex.’

JLL’s Steve Solomon, Managing Director shared his thoughts on the mixed-use extension of Campus El Segundo:

Elevon is unusual because it is speculative

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Aerospace industry impacts vacancies in South Bay office and industrial markets

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2013-03-Solomon-Steve-headshotManaging Director Steve Solomon was recently interviewed by the Los Angeles Business Journal on the uptick in office and industrial vacancies in the South Bay. The ongoing reduction in the federal defense budget means aerospace companies will continue to consolidate and downsize. The unemployment rate in the South Bay is currently above 10 percent.

On a positive note,… Read More

Building strength in the Westside

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While serving on a brokerage leadership insights panel at the Los Angeles RealShare conference event, Market Director for the Southwest Region Peter Belisle shared his thoughts on the Westside.

Numerous panelists discussed their opinions on the strength of the Southern California office markets, summarized in a GlobeSt.com article. Topics included Silicon Beach,… Read More