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Transactions

Apr. 22, 2005

DAILY DEALS -- Transactions for April 21

INDUSTRIAL EL SEGUNDO - Alliance Commercial Properties purchased the 206,000-square-foot El Segundo Research Center at 501 Continental Blvd. and 1940 Mariposa Ave. from the Red Sea Group for $28.5 million. Bob Safai of Madison Partners represented the seller. In a separate and concurrent transaction, Alliance Commercial sold the 80,000-square-foot 1940 Mariposa building for $15.38 million to Legacy Partners. Safai represented the buyer and seller in the transaction.

        INDUSTRIAL
        
        EL SEGUNDO - Alliance Commercial Properties purchased the 206,000-square-foot El Segundo Research Center at 501 Continental Blvd. and 1940 Mariposa Ave. from the Red Sea Group for $28.5 million. Bob Safai of Madison Partners represented the seller. In a separate and concurrent transaction, All...

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