Newmark arranged the $27.25 million sale of 401 Coral Circle, a 56,815-square-foot R&D office facility located in El Segundo, California. The property is 100% leased on a triple-net (NNN) basis to Rivian. The... Read more »
Ad agency Innocean USA, which creates advertising for Hyundai and others, has agreed to move its U.S. headquarters to El Segundo in one of the largest leases of the year in the... Read more »
The Bay Club Company is growing its real estate holdings across California with its latest acquisition in the Los Angeles area. The athletic club completed its purchase of a two-building campus at... Read more »
Hypersonic autonomous aircraft startup Hermeus is relocating its headquarters from Atlanta to El Segundo, the company announced. Currently valued at $1 billion, the company will house executive offices and a facility for... Read more »
Hermeus, an aerospace startup developing hypersonic drones, is moving to Los Angeles after closing a $350 million Series C funding round, bringing its valuation to $1 billion. The company will relocate its... Read more »
Playtime is over in El Segundo as a space manufacturing startup is taking over the former home of Barbie and Hot Wheels. Varda Space Industries leased a 205,400-square-foot industrial and creative office... Read more »
In an expansion of its business of processing pharmaceuticals in Earth’s orbit, Varda Space Industries is renting a large El Segundo plant where toy manufacturer Mattel used to design Hot Wheels and... Read more »
An office building designed by modernist architect Craig Ellwood and located in El Segundo traded hands at discount, according to Los Angeles County property records dated late December. AVG Partners, a private... Read more »
The coastal city of El Segundo is an unlikely location for a massive, new artificial surf park. Other California surf parks with machine-powered wave pools are inland, far from natural waves in... Read more »
Newmark arranged the $55-million sale of 5210 Pacific Concourse, a Class A office building in El Segundo, to The Regents of the University of California. Co-head of U.S. capital markets Kevin Shannon,... Read more »