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Creative Conversion Boosts Value of Greater LA Campus Near SpaceX, Ring HQ

SteelWave Spends $22 Million To Buy Cluster of Properties in Hawthorne, California
A trio of buildings on Cerise Avenue in Hawthorne, California, sold for more than double what its previous owner paid for them in 2018. (CoStar)
A trio of buildings on Cerise Avenue in Hawthorne, California, sold for more than double what its previous owner paid for them in 2018. (CoStar)
CoStar News
February 14, 2022 | 11:42 P.M.

The home of the Beach Boys is riding a wave of real estate investment as creative office conversions lure tech and other companies seeking alternatives to the pricier property nearby in L.A.'s Silicon Beach.

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