SOLD
NantWorks Acquires Warehouse In El Segundo For $50M
2310 East Imperial Highway
Other
83,800 SF
83,800 SF
Sold 1 year ago
Summary
Sale
CALIFORNIA
Other
83,800 sqft
On July 6, 2018, the property located at 2310 E. Imperial Highway in El Segundo, LA was sold for a total price of $50,000,000. The asset is a warehouse situated on a 10-acre plot of land in the El Segundo market. The selling price equates to approximately $114 per square foot.
Summary of transaction details
- Property Type: Warehouse
- Transaction Amount: $50,000,000
- Address: 2310 E. Imperial Highway, El Segundo, LA
- Market: El Segundo
The buyer of the property was NantWorks, while the sellers were Imperial Hornet Developers LLC, Thomas Shapiro, and Maury Rice. Patrick Soon-Shiong is depicted in the provided image relating to the transaction.
In an e-mailed statement, NantWorks spokesman Henry Jackson revealed that Soon-Shiong plans to develop a 10-acre campus in El Segundo. This campus will serve as a hub and event center for The Times, showcasing its future vision.
Details
SOLD
IMAGE: Patrick Soon-Shiong
DATE: 07/06/2018
ADRESS: 2310 E. Imperial Highway
MARKET: El Segundo
CITY: LA
ASSET TYPE: Warehouse
PRICE: $50,000,000
SF: 10 acres
PPSF: $114
BUYER: NantWorks
SELLER: Imperial Hornet Developers LLC, Thomas Shapiro and Maury Rice
NOTE: In an e-mailed statement, NantWorks spokesman Henry Jackson said Soon-Shiong “plans to build a 10-acre campus in the city of El Segundo that showcases The Times and
serves as a hub and event center of the future.”View on map
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Address2310 East Imperial Highway
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