McConnell
SoldStrategy: Value-add
Submarket: Los Angeles, CA
Square footage: 5.200mq
Acquisition: Q2-18
Sale: Q1-22
Office building, built in 1969 and located in the Playa Vista-Marina Del Rey area of Los Angeles. Acquired 100% vacant, the project saw a radical refurbishment to create “creative” and R&D space. Leased to a listed company operating in the biotech sector.