Thai Union North America Leases 33085 Square Feet From Marshall Property & Development In El Segundo

A joint venture of Rockwood Capital and Marshall Property & Development has leased a 33,085-square-foot Class A creative office building located at 2150 E Grand Ave, El Segundo, CA, to Thai Union North America. The property is situated in the El Segundo market and is part of Campus 2100. Thai Union North America is set to relocate its two Southern California offices into this single-story building.

Summary of transaction details:

• Property Type: Lease
• Transaction Amount: Not specified
• Address: 2150 E Grand Ave, El Segundo, CA
• Market: El Segundo
• Landlord: Marshall Property & Development
• Tenant: Thai Union North America
• Landlord's Representative: Chris Sinfield, Cushman & Wakefield
• Tenant's Representative: Travers Cresa
• Square Feet: 33,085
• Occupancy Rate After Transaction: 94%
• Lease Commencement: Fourth quarter of this year

Chris Sinfield and Tom Sheets, executive directors of Cushman & Wakefield, represented the landlord in this transaction, where Thai Union North America signed a long-term lease for the office space. This transaction marks a significant step in consolidating the tenant's operations in Southern California into a single location.