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Griffin Capital Essential Asset REIT has sold a class-A, 151,289-square-foot, three-story office building in El Segundo to SteelWave for $63.5 million or $420 per square foot. Griffin had acquired the asset in February 2014 for $52.7 million.

Built in 1999 and situated on 6.45 acres, the office building open floorplates and15-foot ceiling heights, which make it a candidate for creative office redevelopment. 2160 Grand is located adjacent to the Metro Green Line and offers immediate access to the 105 and 405 freeways.

Kelsi Maree Borland

Kelsi Maree Borland is a freelance writer and editor living in Los Angeles whose work has appeared in such publications as Travel + Leisure, Angeleno and Los Angeles Magazine.

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