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Case Study

INSITE
2030 Maple, El Segundo, CA
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  • Vacant adaptive re-use opportunity in a strong submarket with very high demand for creative space
  • Single-story R&D building on a 4.8 acre site offering a prime “horizontal campus” with abundant parking
  • SteelWave, in a joint venture with Goldman Sachs, acquired the site in April 2015 and completed construction in December 2016: new façade, roof, central plant, added mezzanine space, new landscape and hardscape, creative interior buildout and indoor/outdoor collaborative areas

Acquisition Highlights

  • Property Size: 101,874 SF
  • Acquisition Date: April 2015
  • All-in Cost: $29.5 million
  • Completion Date: November 2016
  • Sale Price: $39 million
  • Sale Date: July 2018
INSITE

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