EL SEGUNDO, CA — Looking to provide much needed opportunities for ownership of creative space to the innovators of Los Angeles, Continental Development Corporation, in partnership with Mar Ventures, Inc., has announced it will develop elevon, a new 15-building office campus encompassing approximately 210,000 square feet of creative office buildings for sale and 13,500 square feet of premier dining and retail space for lease located within Campus El Segundo, a dynamic 46.5 acre mixed-use property in the South Bay.
elevon will commence construction in November 2013 with completion planned for fourth quarter 2014. Buildings for sale will range from 8,000 to 27,000 square feet with units as small as 2,000 square feet available. There are also build-to-suit sites available for users of 50,000 square feet to 750,000 square feet.
Leading the marketing effort for elevon at Campus El Segundo are Jones Lang LaSalle Los Angeles team members Steve Solomon and Carl Muhlstein who will handle build-to-suit opportunities, and CBRE team members Bill Bloodgood and Bob Healey who will oversee building sales.
"elevon will provide companies the rare opportunity to take full control over their own space in the new El Segundo," said Solomon. “The region continues to transform into a hub for creativity and innovation."
“elevon helps companies look to the future while embracing El Segundo’s storied past,” said Bill Bloodgood. “It’s the highest quality for-sale development ever built in Southern California.”
elevon is ideally located less than a block fromthe 405 and 105 freeways, providing direct access to neighboring South Bay and West Los Angeles communities and the entire Southern California metropolitan area. The buildings redefine the indoor/outdoor work environment by featuring roll-up doors, operable windows, private patios, concrete floors, fiber ready, and expansive ceiling heights with abundant natural light. Extensive and highly amenitized common areas include a WiFi Park, outdoor collaborative work spaces, a bocce ball court, covered meeting areas, outdoor kitchen and lounge areas with a fireplace, water feature, a dog park, ample seating throughout and space for private thought and/or large gatherings, plus unique dining, retail and business service options. With its standing seam metal roofs which fold down to create building walls, elevon evokes a refined and contemporarysensibility. Varied roof lines, wood elements, and large glass openings blend to form a community aesthetic that is both diverse and unified. All elements are fluid and malleable, creating a work environment that complements the imagination.
About Continental Development Corporation
Founded in 1969, Continental Development is a private real estate firm specializing in development, acquisition, repositioning, and operation of prime commercial income-producing properties. Continental Development currently owns and operates more than four million square feet of general office, medical office, R&D, retail, dining, fitness, entertainment, hospitality, and related commercial space in key Southern and Northern California urban and suburban centers. For further information, visit www.continentaldevelopment.com.
About Mar Ventures, Inc.
Mar Ventures, Inc. is an integrated real estate firm based in Torrance, California, specializing in the acquisition, development, and management of real estate assets. For the past 20 years, the company has obtained entitlements for 6.7 million square feet of office, industrial, retail and residential space on 480 acres of urban infill land as well as built and marketed approximately 2.6 million square feet of all types of space. For further information, please visit www.marventures.com.