Real Estate/Development
May 1, 2000
Infonet exercises option, buys El Segundo headquarters for $33 million
Infonet Services Corp. exercised a purchase option on its corporate headquarters and acquired the 156,000-square-foot, three-story building from Kearny Real Estate Co. for $33 million in March. The building is located on the corner of Grand Avenue and Nash Street in El Segundo's 23-acre masterplanned "Super Block."
The T-shaped glass curtain-walled building was developed by Kearny as a build-to-suit for Infonet. The building has a seismically enhanced steel superstructure ...
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