Marshall Property & Development LLC and Rockwood Capital sold the Campus 2100 office asset in El Segundo, Calif., to Deutsche Asset & Wealth Management for $117.1 million, broker NKF Capital Markets said in a release.
The consideration, which translates to $575 per square foot, marks the second-highest per-square-foot sale price of an office in the city, according to the broker.
The class A 203,946-square-foot campus spans three buildings and is 94% leased.
