El Segundo Rivian R&D Facility Acquired for $27.25M
Newmark arranged the $27.25 million sale of 401 Coral Circle, a 56,815-square-foot R&D office facility located in El Segundo, California. The property is 100% leased on a triple-net (NNN) basis to Rivian. The buyer was Majestic Realty.
Newmark arranged the $27.25 million sale of 401 Coral Circle, a 56,815-square-foot R&D office facility located in El Segundo, California. The property is 100% leased on a triple-net (NNN) basis to Rivian. The buyer was Majestic Realty. Newmark’s Kevin Shannon, Rob Hannan, Ken White, Laura Stumm, Michael Moll, Ryan Plummer, Andrew Briner and Aaron Banks represented...
Source
- Connect CREconnectcre.com
