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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 a very high demand for creative space
  • Single-story R&D facility 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 are under construction of extensive improvements that maintain an “industrial feel”: new façade, roof, central plant, added mezzanine space, new landscape and hardspace, creative interior buildout and indoor/outdoor collaborative areas

Acquisition Highlights

  • Property Size: 96,671 SF
  • Acquisition Date: April 2015
  • All-in Cost: $34.7 million ($359/SF)
  • Completion Date: September 2016
INSITE

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