BLT Enterprises Acquires Office Building In El Segundo For $27.3M

The office property located at 621 Hawaii Street in El Segundo has recently been sold. The transaction took place on August 30, 2022. The property, spanning 49,307 square feet, was acquired by BLT Enterprises, represented by Robert Solomon. The seller of the property was Montana Avenue Capital Partners, LLC. The sale price for this office asset was $27,300,000, resulting in a price per square foot of $554.

Summary of transation details

• Property Type: Office
• Transaction Amount: $27,300,000
• Buyer: BLT Enterprises - Robert Solomon
• Seller: Montana Avenue Capital Partners, LLC
• Brokers: Sean Fulp, Ryan Plummer, Mark Schuessler, & Geoff Ludwig
• Address: 621 Hawaii Street
• Market: El Segundo
• Square Footage: 49,307
• Price Per Square Foot: $554

The buyer of the property, BLT Enterprises, was represented by Robert Solomon. The transaction involved multiple brokers, namely Sean Fulp, Ryan Plummer, Mark Schuessler, and Geoff Ludwig. These individuals played a crucial role in facilitating the sale of the office property at 621 Hawaii Street in El Segundo.