401 Coral Circle is a 56,815-square-foot mixed-use property situated near the near the Rosecrans Corridor, a highly desirable commercial area in El Segundo, California.
HCP acquired the approximately 2.14-acre, mid-century-era manufacturing site in 2018. Following the acquisition, HCP invested in modernizing the property, creating the contemporary open-plan, industrial-feeling flex space that attracted tenants Millennium Space Systems, an American aerospace company and Boeing subsidiary, and subsequently Rivian (Nasdaq: RIVN).
The building offers an array of amenities, including heavy power, high bays and an air-conditioned warehouse. It also offers a prime location, with easy access to multiple transportation modes—a short walk to the MTA Green Line, minutes to the 405 and 105 Freeways and less than five miles to the Los Angeles International Airport.
The property at 401 Coral Circle is about a mile south from another Hackman affiliate owned property, at 888 N. Douglas Street, which Hackman Capital transformed into a vibrant four-building, 550,000-square-foot creative office campus.
