Newmark has facilitated the sale of the premier Class A office building, 5210 Pacific Concourse in El Segundo, Los Angeles, to The Regents of the University of California.

Target Information

The property in question, 5210 Pacific Concourse, is a premier Class A office building situated in the El Segundo submarket of Los Angeles. This modern facility is known for its excellent infrastructure, appealing architectural design, and strategic location within a vibrant commercial area. The building boasts high-quality amenities and offers a conducive environment for businesses, making it an attractive asset for any investor.

El Segundo is renowned for its thriving economy, particularly in the technology and aerospace sectors, which enhances the attractiveness of the office building as a prime investment opportunity.

Industry Overview in the Target’s Country

The office real estate market in the United States, particularly in urban areas like Los Angeles, has seen robust growth and demand. As companies continue to expand and new businesses emerge, the need for