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Atlas Capital Group Acquires Office Campus In El Segundo For $39M

2030 East Maple Avenue
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This Office property located in CA was sold for $39,000,000 over 5 years ago. The brokers of the deal were Brianna Demus, Kelli Snyder, Mike Condon Jr., and Erica Fink

The office campus located at 2030 E. Maple Avenue in El Segundo, LA, has been sold in a closed transaction for a price of $39,000,000. The property spans across a total area of 102,000 square feet, with a price per square foot of $382. The buyers of the property are Atlas Capital Group, while the sellers are SteelWave and Goldman Sachs.

Summary of transaction details

  • Property Type: Office Campus
  • Transaction Amount: $39,000,000
  • Address: 2030 E. Maple Avenue, El Segundo, LA
  • Market: El Segundo

The brokers involved in this transaction include Mike Condon Jr., Kelli Snyder, Brianna Demus, and Erica Finck. The sale, which took place on July 23, 2018, marks the interest of out-of-towners, like Atlas Capital Group, in the booming El Segundo market. Known for its appealing corporate tax rates and relatively low rents, the area has witnessed increased investment due to the influx of media and tech companies in recent years.

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Deals
  • Location
    2030 East Maple Avenue, El Segundo, CA 90245, USA2030 East Maple Avenue, El Segundo, CA 90245, USA
  • Sale Price
    $39,000,000$39,000,000
    $382 PPSF$382 PPSF
  • Area
    102,000 SF102,000 SF
  • Asset Type
    OfficeOffice
  • Parties
    4 Brokers, 3 Agencies4 Brokers, 3 Agencies

Agents

Kelli Snyder

Kelli Snyder

Deals1
Sold$39M

Brianna Demus

Brianna Demus

Deals2
Sold$130.5M

Agencies

JLL

JLL

Agency
Deals5579
Volume$332.6B

CBRE

CBRE

Agency
Deals4228
Volume$184.3B

Cushman & Wakefield

Cushman & Wakefield

Agency
Deals4186
Volume$167B

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Deal Summary

SALE IMAGE: Lloyd Blankfein, Mike Condon, Kelli Snyder, Erica Finck, Jeff Goldberger DATE: 07/23/2018 ADRESS: 2030 E. Maple Avenue MARKET: El Segundo CITY: LA ASSET TYPE: Office Campus PRICE: $39,000,000 SF: 102,000 PPSF: $382 BROKERS: Mike Condon Jr., Kelli Snyder, Brianna Demus and Erica Finck BUYER: Atlas Capital Group SELLER: SteelWave and Goldman Sachs NOTE: The Atlas is one of several out-of-towners investing in the booming El Segundo market, which abuts the Los Angeles International Airport. The city’s attractive corporate tax rates and relatively low rents has been attracting a slew of media and tech companies in recent years, which in turn has driven investment into the area.

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2030 East Maple Avenue

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