Hypersonic Aircraft Startup Relocating Headquarters from Atlanta to El Segundo

Hypersonic Aircraft Startup Relocating Headquarters from Atlanta to El Segundo

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 »
Hypersonic Drone Maker Moves to El Segundo From Atlanta

Hypersonic Drone Maker Moves to El Segundo From Atlanta

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 »
Varda Space Leases Former Mattel Facilities in El Segundo

Varda Space Leases Former Mattel Facilities in El Segundo

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 »
Startup Varda Space Industries snags former Mattel plant in El Segundo

Startup Varda Space Industries snags former Mattel plant in El Segundo

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 »
Discounted El Segundo Office Trades Hands

Discounted El Segundo Office Trades Hands

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 »
Big wave machine — by the sea — rolling into El Segundo

Big wave machine — by the sea — rolling into El Segundo

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 »
UCLA Acquires Siemens-Leased El Segundo Offices

UCLA Acquires Siemens-Leased El Segundo Offices

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 »
Biotech Billionaire Buys El Segundo Office Building for M

Biotech Billionaire Buys El Segundo Office Building for $25M

NantWorks, the biotech holding company run by Los Angeles-based billionaire Patrick Soon-Shiong, has bought another El Segundo office building, boosting its portfolio of office, land and data centers in the South Bay... Read more »
Starwood, Artisan Default on El Segundo Office Loan

Starwood, Artisan Default on El Segundo Office Loan

Starwood Capital and Artisan Ventures are on the brink of losing a 257,000-square-foot office building in El Segundo, The Real Deal has learned.  The firms have defaulted on an $84.8 million loan... Read more »
UCLA Acquires Siemens-Leased El Segundo Offices

Global Gaming Leader Makes “Trendsetting” Move from El Segundo to Hollywood

In a “market-leading, trendsetting move,” video game Com2uShas signed a long-term lease that will relocate its North American corporate headquarters from El Segundo to Hollywood. The mobile game global leader, popular for... Read more »