Wells buys LA building.
The six-story multitenant buildings are 97% occupied by a high-quality, diversified business base.
Major tenants include Northrop Grumman Space Technology and Mission Systems sectors, a subsidiary Of Northrop Grumman Corporation, which occupies 76% of the building on a long-term lease.
"This is one of the highest quality and best located office buildings in the El Segundo/Manhattan Beach market," said David Steinwedell, Chief Investment Officer with Wells Real Estate Funds.
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|Title Annotation:||Finance: real estate|
|Publication:||Real Estate Weekly|
|Article Type:||Brief Article|
|Date:||Apr 21, 2004|
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