Raytheon and DirecTV Buildings Sold

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The Los Angeles office of Hines REIT purchased the Raytheon and DirectTV buildings at 2200 and 2230 E. Imperial Highway in El Segundo from an affiliate of Lexington Realty Trust for $120 million, or about $218 per square foot.

In addition to the two office buildings, the transaction included a 1,200-square-foot, 10-story parking structure. The two top floors of the structure consist of 140,175 square feet, which is leased by Raytheon.

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This page contains a single entry by Muhammed El-Hasan published on March 25, 2008 10:58 AM.

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About Biz Waves

Biz Waves is a one-stop Web hub for business news and content from the South Bay region of Los Angeles County and beyond.

The primary contributor is:

Muhammed El-Hasan, a business reporter at the Daily Breeze since 2000, covers aerospace and everything else about business in the South Bay. Muhammed previously reported at the San Bernardino Sun and the community news division of The Orange County Register. He also worked as a researcher in the Jerusalem bureau of the Los Angeles Times in 1996-97. But his career highlight as a young man was driving a forklift at a Gardena company near Hawthorne, where he grew up.

You can email Muhammed at muhammad.el-hasan@dailybreeze.com

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