$52 Million Sale Of 157225 SF Property At 2300 E Imperial Ave In El Segundo By Seller's Rep Chris Sinfield

The property asset involved in this transaction is a vacant, seven-story, Class-A building located at 2300 East Imperial Ave, El Segundo, CA. It has a total square footage of 157,225, and the sale price was set at $52,000,000. The building is situated on 4.57 acres and was constructed 53 years ago, with renovations completed in 2000 that included updates to common areas and the addition of a parking structure.

Summary of transaction details:

• Property Type: Building
• Transaction Amount: $52,000,000
• Address: 2300 E Imperial Ave, El Segundo, CA
• Market: El Segundo
• Square Footage: 157,225
• Seller: V.C.I. Corp.
• Seller's Representative: Chris Sinfield (Cushman & Wakefield)

Cushman & Wakefield's senior directors Chris Sinfield and Tom Sheets represented the seller in this off-market deal. The transaction highlights the involvement of qualified professionals in orchestrating the sale of the property.