El Segundo offers lower lease rates with attractive space, rents significantly lower than the competing West Los Angeles submarket, and a reputation for being truly business-friendly, El Segundo is well-positioned to show healthy gains in its office, industrial, and retail market sectors.
A large number of key commercial real estate and investment firms also have heavily deployed resources throughout El Segundo, including CB Richard Ellis, JLL, Cushman & Wakefield, Newmark Grubb Knight Frank, Continental Development Corporation, and Mar Ventures.
Currently, El Segundo boasts more than $1 billion in recent and planned development. The new creative offices and campuses coming out of the ground are smart, state-of-the-art, and architectural works of art.
Office Market Profile
Continental Park, a 100-acre business center defining the South Bay's Rosecrans Corridor, developed and owned by Continental Development Corporation is home to dozens of national, regionally, and locally prominent firms, spanning the entire economic spectrum, and is one of the largest office parks in the Metropolitan Los Angeles area.
Pacific Corporate Towers
Pacific Corporate Towers, is a beautiful 1.5 million square foot, 10-acre complex anchors the Tower District.
elevon, at campus El Segundo, is a $100 million executive office complex featuring 210,000 sq. ft. of office space complemented by 13,500 sq. ft. of high-end retail.
Industrial Market Profile
El Segundo is a well-established aerospace manufacturing hub, and is increasingly the location of choice for bioscience R+D and manufacturing facilities.
El Segundo has become the preferred hotspot for data centers such as Equinix, T-5 Data, and Digital Realty (all located east of Pacific Coast Highway) thanks to its prime location, sophisticated infrastructure, extensive fiber network, and reasonably priced commercially zoned properties.
This increased infrastructure caters to the growing demand from creative office users that require large internet bandwidth as well as cloud applications.