The company acquired the 260,000-square-foot property in 2017, in a portfolio transaction that included 60 properties. :
An institutional investor has purchased 1960 Grand, a 260,000-square-foot office building in El Segundo, Calif. According to Yardi Matrix data, the seller is Brookfield Properties. The company acquired the Class A asset in 2017 for $67 million from TA Realty, in a $854.5 million portfolio transaction comprising 60 properties across 15 markets. JLL represented the seller and procured the buyer in the current deal.