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El Segundo Business in the News

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737 Lairport Street & Railroad Spur property closes escrow

The Vella Group completed its $8.2 million purchase of the Lairport Street property this week. Also included in the sale is a 25 foot wide railroad spur on the western border of the property line.

Vella Group is a full-service real estate company with capabilities in investment, finance, asset management and construction. Based in Manhattan, the firm focuses on acquiring and developing high-end residential condominiums, rental apartment buildings, and commercial and retail properties primarily in New York and California

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