Raytheon and DirecTV Buildings Sold
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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