The approximately 104,000-square-foot (sf) creative office campus is owned by Atlas Capital Group, LLC. GoGuardian will occupy approximately 30,000 square feet.
Tom Sheets, Chris Sinfield, Mike Condon, Jr., and Quint Carroll from Cushman & Wakefield serve as exclusive leasing agents for the property and represented the landlord in the transaction. The tenant was represented by Luke Troedson from Savills.
2030 E. Maple Ave., a former Raytheon facility which was acquired by Atlas Capital Group last year in a sale brokered by Cushman & Wakefield, features a modern single-story design with high buttressed ceilings, exposed brick walls, and polished concrete floors. An ideal workspace for innovative companies, the campus offers amenities including a gym and yoga studio, bistro, an outdoor dining area and patio space, and a dog run, all in a central location.
“When Atlas learned of the opportunity to lease 30% of the building to the fastest-growing education company in the U.S., they immediately mobilized their construction and leasing teams to take the deal from an initial tour to a lease signing within four weeks.” said Mr. Sheets, Executive Managing Director. “Atlas has succeeded in providing an innovative and functional space where companies can create a unique work environment for their employees, and they’ve enhanced that product with a unique ability to execute quickly.”
Luke Troedson, Senior Managing Director at Savills, said: “GoGuardian is excited to be a part of the 2030 Maple campus in a brand new space that truly meets their needs and culture. Thanks to Atlas for their tenacity in pursuing us; we would not be here without their accommodating mentality and streamlined process.”
GoGuardian is expected to take occupancy in September 2019.
An influx of technology, media, and entertainment companies such as Nexon, Amazon, Uber, WeWork, Nativo, and JustFab, Wpromote, and others has helped establish El Segundo as a “new economy” center in recent years. The El Segundo office submarket is experiencing tremendous leasing velocity, demonstrated by 1.5 million square feet of new leasing activity since year-end 2016, according to Cushman & Wakefield Research.
About Atlas Capital Group
Atlas Capital Group, LLC is an institutional, full service real estate investment, development and management firm. The firm was founded in 2006 to invest in opportunistic and value-added real estate transactions in core gateway cities, with a primary focus on New York and Los Angeles. Atlas’ vertically-integrated team includes more than 100 professionals staffed across real estate disciplines, including construction, leasing, development, asset management, property management, accounting, and legal. As of December 31, 2018, Atlas has invested approximately $2.3 billion of equity in the United States across 53 office, retail, residential, hotel, industrial, and mixed-use real estate investments comprising approximately 9.3 million square feet and $4.8 billion of total capitalization.
GoGuardian, the fastest-growing education company in the U.S., helps thousands of K-12 schools maximize the learning potential of every student. Its products help educators identify learning patterns, protect students from harmful and distracting content, and support mental health. With GoGuardian, educators can seamlessly connect students with engaging resources, manage instruction, and receive actionable insight into students’ individual learning needs. Learn more about GoGuardian’s industry-defining analytics, student engagement, and self-harm prevention products at www.goguardian.com External Link.
About Cushman & Wakefield
Cushman & Wakefield (NYSE: CWK) is a leading global real estate services firm that delivers exceptional value for real estate occupiers and owners. Cushman & Wakefield is among the largest real estate services firms with approximately 51,000 employees in 400 offices and 70 countries. In 2018, the firm had revenue of $8.2 billion across core services of property, facilities and project management, leasing, capital markets, valuation and other services. To learn more, visit www.cushmanwakefield.com External Link or follow @CushWake External Link on Twitter.