Former home of Rhythm & Hues Studios
El Segundo, CA
LOS ANGELES, CA, May 10, 2013 – Rockwood Capital and
Marshall Property & Development announced today that they have acquired a
three building, 200,000-square-foot office campus located in El Segundo,
California, in an all cash transaction. Terms of the transaction were not
disclosed. The property is the former
home of Rhythm & Hues Studios.
“For more than 30 years, this property has been flying below
the radar—100% occupied by various owner/occupiers and quietly operating within
the marketplace.
"We will re-introduce the complex to the market with a fresh
and relevant new look and feel,” says John MacDonald, Vice President of
Acquisitions for Rockwood Capital.
“The Rhythm & Hues campus provides a unique value-added
investment opportunity centrally located in the South Bay/West LA markets,”
said Paul Marshall, President of Marshall Property &
Development. “The existing architecture
and unique campus setting provide us with a great opportunity to create what
today’s tenants are looking for - indoor and outdoor gathering areas which
allow tenants to interact in a creative environment."
For a complete copy of the company’s news release, please contact:
David Ebeling
Ebeling Communications
(949) 861-8351
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