Rockwood Capital is shopping El Segundo office

The three-building complex is geared towards creative firms

Los Angeles /
Sep.September 12, 2017 05:30 PM

The owners of a renovated office complex in El Segundo are looking for investors.

Rockwood Capital and its joint venture partner Marshall Property listed a 204,000-square-foot property at 2100-2150 East Grand Avenue in El Segundo, REAlert.com reported.

New York-based Rockwood and Newport Beach-based Marshall acquired the complex, dubbed Campus 2100, in 2013 for $25 million and then spent an extra $25 million on renovations, according to REAlert.

Campus 2100 is 94 percent leased. Its largest tenant is online marketing firm Wpromote, which holds 33,000 square feet of Class A space.

Bids for the site are expected to circle around $115 million, or $564 per square foot, according to REAlert.

Newmark Grubb Knight Frank has the listing.

Rockwood, an 82-person enterprise with offices in Seoul, South Korea, Century City, and San Francisco, specializes in equity capital, repositioning and developing properties. The company made headlines in January when its “Real Estate Partners Fund X” closed $1.1 billion in capital commitments. [REAlert] – Natalie Hoberman


Related Articles

arrow_forward_ios
The future of San Francisco’s Oceanwide Center is up in the air again (Getty, Foster and Partners)

Contractors pull out as Oceanwide Center sale falls through again

Contractors pull out as Oceanwide Center sale falls through again
Granite CEO Michael Dardick and Industrious CEO Jamie Hodari

Industrious partners with landlords to offer tenants satellite workplaces

Industrious partners with landlords to offer tenants satellite workplaces
Colorado Campus at 2041-2115 Colorado Avenue and Northwestern Mutual CEO John E. Schlifske

Northwestern Mutual picks up Santa Monica office campus for $166M

Northwestern Mutual picks up Santa Monica office campus for $166M
Prop 15 property tax measure draws millions (Credit: iStock)

Prop 15 property tax measure draws millions of dollars from for and against campaigns

Prop 15 property tax measure draws millions of dollars from for and against campaigns
California is allowing barbershops and salons to reopen under new coronavirus mitigation guidelines (Credit: Noam Galai/Getty Images)

California allows barbershops to reopen, but LA holds back

California allows barbershops to reopen, but LA holds back
LA County assessor Jeffrey Prang

LA County properties valued at nearly $2 trillion…before pandemic

LA County properties valued at nearly $2 trillion…before pandemic
First District Supervisor Hilda Solis (Credit: Rebecca Sapp/Getty Images)

LA County select reopening target date for restaurants and retailers

LA County select reopening target date for restaurants and retailers
Eric Garcetti orders a moratorium on LA commercial evictions (Photo credit: iStock photo)

Garcetti orders a moratorium on commercial evictions in LA

Garcetti orders a moratorium on commercial evictions in LA
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...