Swift Real Estate Partners Acquires 3 Building Office Complex In El Segundo

An office complex in El Segundo, Los Angeles, has been sold for a staggering $170 million. The property, consisting of three buildings, is located at 2200-2230 East Imperial Highway and spans across 550,000 square feet. The sale price equates to approximately $309 per square foot. The deal was closed on May 22, 2018.

Summary of transaction details

• Property Type: 3 Building Office Complex
• Transaction Amount: $170,000,000
• Loan Amount: $150,000,000
• Square Footage: 550,000 sf
• Address: 2200-2230 East Imperial Highway, Los Angeles
• Market: El Segundo

Swift Real Estate Partners, represented by Christopher Peatross, emerged as the buyer in this high-value transaction. The sellers of the property were GI Partners and CalPERS. The lender involved in the deal was ACORE Capital, represented by Warren de Haan. The loan amount obtained for the purchase was $150 million.