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Office sale underscores owner-user dealmaking in Los Angeles

CenterCal Properties sold El Segundo property to family office for $9.2 million
Originally built as an industrial property, the building in El Segundo's Smoky Hollow neighborhood was converted to office use in 2011. (CoStar)
Originally built as an industrial property, the building in El Segundo's Smoky Hollow neighborhood was converted to office use in 2011. (CoStar)
CoStar News
December 13, 2024 | 6:22 P.M.

A family investment group has snapped up an El Segundo office property in the latest example of owner-users driving deals in Los Angeles in the wake of the COVID-19 pandemic.

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