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2221 Park Place
SOLD

Sandstone Capital Sells Office Building In El Segundo For $31M

2221 Park Place

Office
55,000 SF
clock iconSold 1 year ago
Geoff Ludwig
Eric Lastition
Brad Schlaak
+ 3
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Summary

Sale
CALIFORNIA
Office
55,000 sqft

A 55,000 square foot office property located at 2221 Park Pl in El Segundo has been sold. The transaction took place on April 9, 2019, for a price of $31,000,000. This amounts to a price per square foot of $563. The property was sold by Sandstone Capital.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: $31,000,000
  • Address: 2221 Park Pl, El Segundo
  • Market: El Segundo
  • Square Footage: 55,000

The sale of this office property was facilitated by the following brokers: Geoff Ludwig and Eric Lastition from Newmark Knight Frank, and Bob Safai, Matt Case, and Brad Schlaak from Madison Partners.

Players

  • All

    6

  • Agents

    5

  • Agencies

    1

Geoff Ludwig's profile picture
Geoff Ludwig
Newmark-image
Executive Managing Director
$147.8M Sold
Bob Safai's profile picture

Details

Deal Summary
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SOLD
IMAGE: Matt Case, Brad Schlaak, Bob Safai, Eric Lastition and Geoff Ludwig DATE: 04/09/2019 ADDRESS: 2221 Park Pl MARKET: El Segundo ASSET TYPE: Office PRICE: $31,000,000 SF: 55,000 PPSF: $563 SELLER: Sandstone Capital BROKERS: Geoff Ludwig, Eric Lastition - Newmark Knight Frank, Bob Safai, Matt Case and Brad Schlaak - Madison Partners

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Address2221 Park Place

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