Smoky Hollow Industries Acquires Four-Building Industrial Campus From SATCO Inc For $34.3M

The transaction involved an industrial property consisting of a four-building, 79,381-square-foot industrial/flex campus located at 1601 East El Segundo Boulevard, 120 Kansas Street, 1591 East El Segundo Boulevard & 140 Kansas Street in El Segundo, California. The property, encompassing 2.99 acres, was sold for $34.3 million, translating to $432 per square foot and reflects the increasing demand for industrial properties in the region.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $34,300,000
• Address: 1601 East El Segundo Boulevard, 120 Kansas Street, 1591 East El Segundo Boulevard & 140 Kansas Street
• Market: El Segundo, CA
• Square Footage: 79,381
• Price per Square Foot: $432
• Buyer: Smoky Hollow Industries
• Seller: SATCO Inc
• Brokers: Bob Healey, Richard Melbye, John Lane & Georgia Bennett - CBRE

Smoky Hollow Industries acquired the property from SATCO Inc., with the transaction facilitated by brokers Bob Healey, Richard Melbye, John Lane & Georgia Bennett from CBRE. The deal was finalized on July 16, 2026, and is indicative of a trend where rising demand from defense, aerospace, and space companies is influencing industrial property values in the South Bay market.